GDS Wealth Management Has $42.09 Million Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

GDS Wealth Management decreased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 499,117 shares of the company’s stock after selling 10,489 shares during the quarter. iShares Core S&P U.S. Value ETF comprises approximately 5.7% of GDS Wealth Management’s investment portfolio, making the stock its largest position. GDS Wealth Management owned approximately 0.27% of iShares Core S&P U.S. Value ETF worth $42,091,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IUSV. Chevy Chase Trust Holdings LLC bought a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $209,000. Raymond James & Associates grew its position in shares of iShares Core S&P U.S. Value ETF by 12.9% during the 3rd quarter. Raymond James & Associates now owns 287,941 shares of the company’s stock worth $21,486,000 after buying an additional 32,945 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter worth approximately $405,000. Verdence Capital Advisors LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 5.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,820 shares of the company’s stock worth $584,000 after buying an additional 413 shares during the period. Finally, Hoxton Planning & Management LLC grew its position in shares of iShares Core S&P U.S. Value ETF by 2.5% during the 3rd quarter. Hoxton Planning & Management LLC now owns 6,810 shares of the company’s stock worth $508,000 after buying an additional 163 shares during the period.

iShares Core S&P U.S. Value ETF Stock Performance

Shares of IUSV stock traded up $0.80 during trading hours on Thursday, hitting $89.00. 384,457 shares of the company were exchanged, compared to its average volume of 622,698. The firm has a market cap of $17.15 billion, a P/E ratio of 22.53 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $90.64. The company has a 50 day simple moving average of $87.93 and a two-hundred day simple moving average of $83.91.

iShares Core S&P U.S. Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were given a dividend of $0.4397 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.98%. The ex-dividend date was Thursday, March 21st.

iShares Core S&P U.S. Value ETF Profile

The iShares Core S&P U.S. Value ETF (IUSV) is an exchange-traded fund that is based on the S&P 900 Value index. The fund tracks an index of large- and mid-cap value stocks in the US. The index selects from stocks ranked 1-3000 by market-cap based on 3 value factors. IUSV was launched on Jul 24, 2000 and is managed by BlackRock.