Verum Partners LLC Decreases Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Verum Partners LLC decreased its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 31.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,955 shares of the company’s stock after selling 1,342 shares during the quarter. Verum Partners LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $267,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 1st quarter worth approximately $50,000. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter worth approximately $79,000. Scarborough Advisors LLC purchased a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter worth approximately $93,000. Assetmark Inc. boosted its stake in shares of iShares Core S&P U.S. Value ETF by 11.8% during the 4th quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock worth $94,000 after acquiring an additional 118 shares in the last quarter. Finally, Pineridge Advisors LLC purchased a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter valued at approximately $103,000.

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

IUSV stock traded up $0.37 on Tuesday, reaching $87.93. The company had a trading volume of 567,748 shares, compared to its average volume of 575,650. iShares Core S&P U.S. Value ETF has a 1 year low of $71.27 and a 1 year high of $90.64. The company’s fifty day moving average is $88.33 and its 200 day moving average is $86.90. The company has a market cap of $16.94 billion, a P/E ratio of 22.96 and a beta of 0.95.

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

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