Montag A & Associates Inc. Decreases Stock Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Montag A & Associates Inc. reduced its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 15.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,763 shares of the company’s stock after selling 4,292 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $2,004,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $405,000. TIAA Trust National Association acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $407,000. Financial Advocates Investment Management increased its position in iShares Core S&P U.S. Value ETF by 9.8% during the 3rd quarter. Financial Advocates Investment Management now owns 91,004 shares of the company’s stock valued at $6,739,000 after buying an additional 8,107 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in iShares Core S&P U.S. Value ETF by 1.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 518,772 shares of the company’s stock valued at $38,711,000 after buying an additional 5,075 shares in the last quarter. Finally, Congress Wealth Management LLC DE acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $260,000.

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

NASDAQ:IUSV traded up $0.80 during mid-day trading on Thursday, hitting $89.00. 384,457 shares of the company’s stock traded hands, compared to its average volume of 622,698. The company has a fifty day moving average of $87.97 and a 200 day moving average of $83.95. The company has a market capitalization 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 twelve month low of $71.27 and a twelve month high of $90.64.

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

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

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