Able Wealth Management LLC Buys Shares of 55,725 iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Able Wealth Management LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSVFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 55,725 shares of the company’s stock, valued at approximately $4,699,000. iShares Core S&P U.S. Value ETF comprises approximately 4.3% of Able Wealth Management LLC’s holdings, making the stock its 5th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its holdings in 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 valued at $94,000 after buying an additional 118 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in iShares Core S&P U.S. Value ETF by 2.8% during the 4th quarter. Exencial Wealth Advisors LLC now owns 4,496 shares of the company’s stock worth $379,000 after purchasing an additional 121 shares in the last quarter. Investment Advisory Group LLC raised its stake in iShares Core S&P U.S. Value ETF by 2.7% in the 4th quarter. Investment Advisory Group LLC now owns 4,680 shares of the company’s stock valued at $395,000 after purchasing an additional 122 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in iShares Core S&P U.S. Value ETF by 1.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 9,289 shares of the company’s stock valued at $697,000 after purchasing an additional 134 shares in the last quarter. Finally, Congress Wealth Management LLC DE boosted its stake in shares of iShares Core S&P U.S. Value ETF by 4.2% during the 4th quarter. Congress Wealth Management LLC DE now owns 3,636 shares of the company’s stock worth $307,000 after purchasing an additional 147 shares during the last quarter.

iShares Core S&P U.S. Value ETF Trading Down 0.4 %

Shares of NASDAQ IUSV traded down $0.37 during midday trading on Friday, reaching $87.24. 617,574 shares of the stock were exchanged, compared to its average volume of 573,789. The company has a market capitalization of $16.81 billion, a P/E ratio of 22.96 and a beta of 0.95. The stock has a 50 day moving average price of $88.08 and a 200-day moving average price of $86.19. iShares Core S&P U.S. Value ETF has a 52-week low of $71.27 and a 52-week high of $90.64.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th will be issued a $0.4205 dividend. The ex-dividend date is Tuesday, June 11th. This represents a $1.68 annualized dividend and a yield of 1.93%.

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

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

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