Flagstar Advisors Inc. Sells 806 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Flagstar Advisors Inc. cut its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 12.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,798 shares of the company’s stock after selling 806 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $524,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Mather Group LLC. bought a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth about $50,000. Sanctuary Wealth Management L.L.C. bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $79,000. Scarborough Advisors LLC bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $93,000. Assetmark Inc. increased its stake in shares of iShares Core S&P U.S. Value ETF by 11.8% in the fourth quarter. Assetmark Inc. now owns 1,118 shares of the company’s stock worth $94,000 after purchasing an additional 118 shares during the period. Finally, Pineridge Advisors LLC bought a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth about $103,000.

iShares Core S&P U.S. Value ETF Trading Down 0.8 %

IUSV stock traded down $0.75 during trading on Tuesday, reaching $88.29. 647,682 shares of the stock were exchanged, compared to its average volume of 574,873. iShares Core S&P U.S. Value ETF has a twelve month low of $71.27 and a twelve month high of $90.64. The company has a market capitalization of $17.01 billion, a P/E ratio of 22.96 and a beta of 0.95. The stock has a 50 day simple moving average of $88.11 and a 200-day simple moving average of $86.67.

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

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

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