Wells Fargo & Company MN Reduces Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Posted by Maria Luz-Campos on May 24th, 2024

Wells Fargo & Company MN decreased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,073,267 shares of the company’s stock after selling 31,193 shares during the period. Wells Fargo & Company MN owned about 0.59% of iShares Core S&P U.S. Value ETF worth $90,509,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IUSV. Bank of New York Mellon Corp acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter worth $405,000. Fifth Third Bancorp boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 2,965.8% in the 3rd quarter. Fifth Third Bancorp now owns 1,165 shares of the company’s stock valued at $87,000 after buying an additional 1,127 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 8.0% in the 3rd quarter. Corient Private Wealth LLC now owns 90,243 shares of the company’s stock valued at $6,734,000 after buying an additional 6,704 shares during the period. NBC Securities Inc. acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $50,000. Finally, Running Point Capital Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the 3rd quarter valued at about $241,000.

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

NASDAQ IUSV opened at $88.43 on Friday. iShares Core S&P U.S. Value ETF has a one year low of $71.27 and a one year high of $90.64. The company has a 50-day simple moving average of $88.31 and a 200-day simple moving average of $85.09. The firm has a market capitalization of $17.04 billion, a PE ratio of 22.96 and a beta of 0.95.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.4397 per share. This represents a $1.76 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend was Thursday, March 21st.

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

(Free Report)

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.