Citigroup Inc. Trims Holdings in iShares Core S&P U.S. Value ETF $IUSV

Citigroup Inc. trimmed its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 25.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,954 shares of the company’s stock after selling 7,387 shares during the quarter. Citigroup Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $2,194,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IUSV. Symphony Financial Ltd. Co. grew its holdings in iShares Core S&P U.S. Value ETF by 2,455.4% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 2,438,808 shares of the company’s stock valued at $230,894,000 after buying an additional 2,343,370 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 74,402,651 shares of the company’s stock worth $7,040,723,000 after buying an additional 2,194,422 shares in the last quarter. Foster Group Inc. purchased a new stake in shares of iShares Core S&P U.S. Value ETF in the third quarter worth about $103,889,000. Envestnet Asset Management Inc. boosted its position in shares of iShares Core S&P U.S. Value ETF by 10.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,808,875 shares of the company’s stock valued at $580,597,000 after acquiring an additional 556,434 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares Core S&P U.S. Value ETF by 7.6% in the third quarter. Jones Financial Companies Lllp now owns 6,130,302 shares of the company’s stock valued at $609,850,000 after acquiring an additional 432,247 shares during the period.

iShares Core S&P U.S. Value ETF Trading Down 1.1%

Shares of NASDAQ:IUSV opened at $104.62 on Friday. iShares Core S&P U.S. Value ETF has a 12 month low of $80.14 and a 12 month high of $108.20. The stock has a market cap of $24.15 billion, a P/E ratio of 20.41 and a beta of 0.90. The company has a 50 day moving average of $105.65 and a 200 day moving average of $102.31.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.5515 dividend. This represents a $2.21 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, December 16th. 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 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.