Modera Wealth Management LLC Reduces Holdings in iShares Core S&P U.S. Value ETF $IUSV

Modera Wealth Management LLC cut its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,193,892 shares of the company’s stock after selling 65,665 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for about 1.4% of Modera Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Modera Wealth Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $122,422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aspiriant LLC raised its position in iShares Core S&P U.S. Value ETF by 0.7% during the 3rd quarter. Aspiriant LLC now owns 3,600,340 shares of the company’s stock valued at $359,854,000 after purchasing an additional 24,162 shares during the last quarter. Canandaigua National Bank & Trust Co. raised its position in iShares Core S&P U.S. Value ETF by 2.2% during the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 837,230 shares of the company’s stock valued at $83,681,000 after purchasing an additional 18,233 shares during the last quarter. Baker Tilly Wealth Management LLC bought a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at approximately $764,000. Canandaigua National Trust Co of Florida raised its position in iShares Core S&P U.S. Value ETF by 8.0% during the 3rd quarter. Canandaigua National Trust Co of Florida now owns 73,643 shares of the company’s stock valued at $7,361,000 after purchasing an additional 5,465 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. raised its position in iShares Core S&P U.S. Value ETF by 1.9% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 625,147 shares of the company’s stock valued at $62,483,000 after purchasing an additional 11,659 shares during the last quarter.

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

IUSV opened at $103.03 on Tuesday. The business has a 50 day simple moving average of $104.78 and a two-hundred day simple moving average of $102.90. The firm has a market capitalization of $24.26 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 $108.20.

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

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.3925 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.57 annualized dividend and a dividend yield of 1.5%.

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.