ERTS Wealth Advisors LLC Has $11.20 Million Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

ERTS Wealth Advisors LLC lessened its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 117,313 shares of the company’s stock after selling 3,354 shares during the quarter. iShares Core S&P U.S. Value ETF makes up approximately 2.1% of ERTS Wealth Advisors LLC’s portfolio, making the stock its 14th largest holding. ERTS Wealth Advisors LLC owned 0.06% of iShares Core S&P U.S. Value ETF worth $11,202,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IUSV. Drake & Associates LLC raised its holdings in iShares Core S&P U.S. Value ETF by 2.7% in the 3rd quarter. Drake & Associates LLC now owns 247,960 shares of the company’s stock valued at $23,678,000 after acquiring an additional 6,513 shares in the last quarter. Bleakley Financial Group LLC acquired a new position in iShares Core S&P U.S. Value ETF during the 3rd quarter valued at about $207,000. Good Life Advisors LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF during the 3rd quarter worth about $264,000. Legacy Financial Group LLC raised its stake in iShares Core S&P U.S. Value ETF by 4.3% during the 3rd quarter. Legacy Financial Group LLC now owns 81,955 shares of the company’s stock worth $7,826,000 after buying an additional 3,344 shares during the period. Finally, RDA Financial Network lifted its position in iShares Core S&P U.S. Value ETF by 2.7% in the 3rd quarter. RDA Financial Network now owns 35,248 shares of the company’s stock valued at $3,366,000 after acquiring an additional 924 shares in the last quarter.

iShares Core S&P U.S. Value ETF Stock Down 0.3 %

IUSV traded down $0.25 during trading hours on Friday, hitting $96.87. 85,283 shares of the company’s stock were exchanged, compared to its average volume of 542,018. The stock’s 50-day moving average is $94.04 and its two-hundred day moving average is $90.55. The stock has a market cap of $19.63 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. iShares Core S&P U.S. Value ETF has a 1-year low of $71.27 and a 1-year high of $97.32.

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

The company also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.5824 per share. This is a boost 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.

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

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.