Corient Private Wealth LLC Cuts Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Corient Private Wealth LLC lessened its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 43.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 455,418 shares of the company’s stock after selling 347,430 shares during the period. Corient Private Wealth LLC owned approximately 0.21% of iShares Core S&P U.S. Value ETF worth $43,096,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IUSV. Symphony Financial Ltd. Co. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 2,455.4% during the second quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock valued at $230,894,000 after acquiring an additional 2,343,370 shares in the last quarter. Bank of America Corp DE grew its position in iShares Core S&P U.S. Value ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock valued at $7,040,723,000 after purchasing an additional 2,194,422 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Core S&P U.S. Value ETF by 14.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,252,441 shares of the company’s stock valued at $497,039,000 after purchasing an additional 653,023 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Core S&P U.S. Value ETF by 12.2% in the first quarter. Jones Financial Companies Lllp now owns 4,831,365 shares of the company’s stock worth $441,698,000 after buying an additional 524,480 shares during the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new position in iShares Core S&P U.S. Value ETF in the second quarter worth about $33,472,000.

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

Shares of NASDAQ IUSV opened at $102.14 on Wednesday. The firm’s 50 day moving average price is $101.18 and its 200-day moving average price is $98.15. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $104.11. The company has a market cap of $23.74 billion, a PE ratio of 20.41 and a beta of 0.90.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.5515 per share. The ex-dividend date is Tuesday, December 16th. This represents a $2.21 annualized dividend and a yield of 2.2%. This is a positive change from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.47.

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.