iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Holdings Lowered by Merit Financial Group LLC

Merit Financial Group LLC lowered its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 23.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,803,053 shares of the company’s stock after selling 563,545 shares during the quarter. iShares Core S&P U.S. Value ETF comprises 3.0% of Merit Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding. Merit Financial Group LLC owned approximately 0.84% of iShares Core S&P U.S. Value ETF worth $166,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IUSV. Sweeney & Michel LLC boosted its holdings in shares of iShares Core S&P U.S. Value ETF by 2.6% in the third quarter. Sweeney & Michel LLC now owns 4,946 shares of the company’s stock worth $481,000 after acquiring an additional 127 shares during the period. Sovereign Financial Group Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 1.0% in the 4th quarter. Sovereign Financial Group Inc. now owns 15,462 shares of the company’s stock worth $1,432,000 after purchasing an additional 150 shares during the period. New Century Financial Group LLC grew its holdings in iShares Core S&P U.S. Value ETF by 6.4% during the 3rd quarter. New Century Financial Group LLC now owns 3,028 shares of the company’s stock valued at $289,000 after buying an additional 181 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its position in shares of iShares Core S&P U.S. Value ETF by 37.7% during the third quarter. Glass Jacobson Investment Advisors llc now owns 679 shares of the company’s stock valued at $65,000 after buying an additional 186 shares during the period. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 1.1% in the third quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 17,202 shares of the company’s stock worth $1,621,000 after buying an additional 195 shares in the last quarter.

iShares Core S&P U.S. Value ETF Trading Up 0.7 %

Shares of NASDAQ:IUSV opened at $94.30 on Friday. The company has a 50 day moving average of $95.59 and a 200 day moving average of $93.99. The stock has a market cap of $20.21 billion, a P/E ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 12 month low of $82.41 and a 12 month high of $100.29.

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

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.5456 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

About iShares Core S&P U.S. Value ETF

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.