Litman Gregory Wealth Management LLC Cuts Stock Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Litman Gregory Wealth Management LLC decreased its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,261 shares of the company’s stock after selling 658 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $1,118,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IUSV. Bank of Montreal Can boosted its stake in iShares Core S&P U.S. Value ETF by 11.9% in the first quarter. Bank of Montreal Can now owns 9,092 shares of the company’s stock worth $700,000 after buying an additional 969 shares in the last quarter. Synovus Financial Corp purchased a new stake in iShares Core S&P U.S. Value ETF in the first quarter worth approximately $260,000. NewEdge Advisors LLC boosted its stake in iShares Core S&P U.S. Value ETF by 9.9% in the first quarter. NewEdge Advisors LLC now owns 18,988 shares of the company’s stock worth $1,441,000 after buying an additional 1,713 shares in the last quarter. Equitable Holdings Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 9.5% in the first quarter. Equitable Holdings Inc. now owns 113,830 shares of the company’s stock worth $8,636,000 after buying an additional 9,875 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in iShares Core S&P U.S. Value ETF by 42.3% in the first quarter. Prudential Financial Inc. now owns 76,046 shares of the company’s stock worth $5,770,000 after buying an additional 22,588 shares in the last quarter.

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

IUSV traded up $0.68 during midday trading on Friday, hitting $86.26. The stock had a trading volume of 766,348 shares, compared to its average volume of 653,269. The company has a market cap of $16.48 billion, a P/E ratio of 22.95 and a beta of 0.95. The business has a fifty day moving average of $87.58 and a 200 day moving average of $82.67. 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 company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.4397 dividend. This represents a $1.76 annualized dividend and a yield of 2.04%. The ex-dividend date was Thursday, March 21st.

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.