Valmark Advisers Inc. Sells 2,768 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Valmark Advisers Inc. lessened its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 5.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,687 shares of the company’s stock after selling 2,768 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $4,458,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its position in iShares Core S&P U.S. Value ETF by 13.5% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 3,149 shares of the company’s stock worth $285,000 after buying an additional 375 shares during the period. Woodmont Investment Counsel LLC bought a new stake in iShares Core S&P U.S. Value ETF in the first quarter valued at $147,000. SeaCrest Wealth Management LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 70.8% during the first quarter. SeaCrest Wealth Management LLC now owns 4,413 shares of the company’s stock valued at $399,000 after acquiring an additional 1,830 shares during the period. Silverlake Wealth Management LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF in the 1st quarter valued at $212,000. Finally, Accel Wealth Management bought a new position in iShares Core S&P U.S. Value ETF during the 1st quarter valued at about $202,000.

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

Shares of NASDAQ:IUSV traded down $0.45 during midday trading on Tuesday, reaching $95.12. The company’s stock had a trading volume of 239,840 shares, compared to its average volume of 538,230. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.80 and a fifty-two week high of $97.33. The business’s fifty day simple moving average is $94.75 and its 200-day simple moving average is $90.93. The company has a market capitalization of $19.28 billion, a P/E ratio of 22.96 and a beta of 0.95.

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

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.5824 dividend. This is a positive change from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date of this dividend was Wednesday, September 25th.

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.