Financial Advocates Investment Management Sells 13,579 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Financial Advocates Investment Management reduced its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 9.2% during the fourth quarter, HoldingsChannel reports. The fund owned 134,068 shares of the company’s stock after selling 13,579 shares during the period. iShares Core S&P U.S. Value ETF comprises approximately 0.7% of Financial Advocates Investment Management’s holdings, making the stock its 27th largest position. Financial Advocates Investment Management’s holdings in iShares Core S&P U.S. Value ETF were worth $12,413,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bleakley Financial Group LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 333.2% during the fourth quarter. Bleakley Financial Group LLC now owns 9,404 shares of the company’s stock valued at $871,000 after acquiring an additional 7,233 shares in the last quarter. Trilogy Capital Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 19.2% during the 4th quarter. Trilogy Capital Inc. now owns 2,727 shares of the company’s stock valued at $252,000 after purchasing an additional 440 shares during the last quarter. Summit Wealth Partners LLC increased its holdings in shares of iShares Core S&P U.S. Value ETF by 5.8% in the 4th quarter. Summit Wealth Partners LLC now owns 36,434 shares of the company’s stock worth $3,373,000 after purchasing an additional 1,994 shares in the last quarter. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth $36,000. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 2.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 133,554 shares of the company’s stock valued at $12,366,000 after purchasing an additional 2,801 shares in the last quarter.

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

iShares Core S&P U.S. Value ETF stock opened at $95.35 on Thursday. iShares Core S&P U.S. Value ETF has a one year low of $83.74 and a one year high of $100.29. The business’s fifty day moving average is $94.87 and its 200 day moving average is $94.56. The stock has a market capitalization of $20.10 billion, a PE ratio of 22.96 and a beta of 0.95.

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

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.5456 dividend. The ex-dividend date 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.