Symphony Financial Ltd. Co. Reduces Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Symphony Financial Ltd. Co. reduced its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 27.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,127 shares of the company’s stock after selling 29,691 shares during the period. iShares Core S&P U.S. Value ETF makes up about 1.7% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 19th biggest position. Symphony Financial Ltd. Co.’s holdings in iShares Core S&P U.S. Value ETF were worth $7,156,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Occidental Asset Management LLC raised its holdings in iShares Core S&P U.S. Value ETF by 27.4% during the first quarter. Occidental Asset Management LLC now owns 19,765 shares of the company’s stock valued at $1,788,000 after acquiring an additional 4,256 shares during the period. Bridge Advisory LLC grew its position in iShares Core S&P U.S. Value ETF by 83.5% in the first quarter. Bridge Advisory LLC now owns 57,266 shares of the company’s stock worth $5,179,000 after acquiring an additional 26,060 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in iShares Core S&P U.S. Value ETF by 13.5% in the first quarter. Wealthcare Advisory Partners LLC now owns 3,149 shares of the company’s stock worth $285,000 after acquiring an additional 375 shares in the last quarter. DGS Capital Management LLC grew its position in iShares Core S&P U.S. Value ETF by 4.1% in the first quarter. DGS Capital Management LLC now owns 3,848 shares of the company’s stock worth $348,000 after acquiring an additional 153 shares in the last quarter. Finally, Aspiriant LLC grew its position in iShares Core S&P U.S. Value ETF by 13.5% in the first quarter. Aspiriant LLC now owns 2,755,107 shares of the company’s stock worth $249,174,000 after acquiring an additional 328,238 shares in the last quarter.

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

Shares of NASDAQ:IUSV traded up $0.19 during trading hours on Friday, hitting $88.13. 422,209 shares of the company’s stock traded hands, compared to its average volume of 573,228. The firm has a market capitalization of $16.98 billion, a P/E ratio of 22.96 and a beta of 0.95. The business has a fifty day moving average price of $88.30 and a 200-day moving average price of $86.82. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $90.64.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.4205 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend was Tuesday, June 11th.

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.