New Wave Wealth Advisors LLC Trims Stock Holdings in iShares Core S&P U.S. Value ETF $IUSV

New Wave Wealth Advisors LLC lowered its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 49.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 13,564 shares of the company’s stock after selling 13,125 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $1,356,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Symphony Financial Ltd. Co. boosted its position in iShares Core S&P U.S. Value ETF by 2,455.4% in the second 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 last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock valued at $7,040,723,000 after acquiring an additional 2,194,422 shares during the last quarter. Foster Group Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the third quarter worth $103,889,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares Core S&P U.S. Value ETF by 14.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock worth $497,039,000 after purchasing an additional 653,023 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in iShares Core S&P U.S. Value ETF during the second quarter valued at $33,472,000.

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

NASDAQ:IUSV opened at $105.25 on Friday. The firm’s fifty day moving average is $102.94 and its two-hundred day moving average is $100.06. The firm has a market cap of $24.31 billion, a price-to-earnings ratio of 20.41 and a beta of 0.90. iShares Core S&P U.S. Value ETF has a one year low of $80.14 and a one year high of $105.83.

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

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a dividend of $0.5515 per share. This represents a $2.21 annualized dividend and a yield of 2.1%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Tuesday, December 16th.

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.