Garrett Wealth Advisory Group LLC Trims Holdings in iShares Core S&P U.S. Value ETF $IUSV

Garrett Wealth Advisory Group LLC reduced its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 19.1% in the second quarter, Holdings Channel reports. The firm owned 3,425 shares of the company’s stock after selling 811 shares during the period. Garrett Wealth Advisory Group LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $324,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Symphony Financial Ltd. Co. boosted its position in iShares Core S&P U.S. Value ETF by 2,455.4% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock valued at $230,894,000 after buying an additional 2,343,370 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 14.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock valued at $497,039,000 after purchasing an additional 653,023 shares during the period. LPL Financial LLC grew its stake in iShares Core S&P U.S. Value ETF by 4.4% in the first quarter. LPL Financial LLC now owns 14,434,118 shares of the company’s stock worth $1,332,125,000 after purchasing an additional 612,628 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in iShares Core S&P U.S. Value ETF by 12.2% during the 1st quarter. Jones Financial Companies Lllp now owns 4,831,365 shares of the company’s stock worth $441,698,000 after purchasing an additional 524,480 shares during the period. Finally, Venturi Wealth Management LLC raised its position in iShares Core S&P U.S. Value ETF by 74.7% during the 1st quarter. Venturi Wealth Management LLC now owns 1,214,358 shares of the company’s stock valued at $112,073,000 after purchasing an additional 519,136 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Down 0.4%

Shares of IUSV stock opened at $99.50 on Thursday. iShares Core S&P U.S. Value ETF has a twelve month low of $80.14 and a twelve month high of $102.75. The stock has a fifty day simple moving average of $100.19 and a two-hundred day simple moving average of $96.65. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.4714 per share. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.89 dividend on an annualized basis and a yield of 1.9%.

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.