iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) Position Reduced by Townsend & Associates Inc

Townsend & Associates Inc lessened its holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 0.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 446,118 shares of the company’s stock after selling 2,864 shares during the quarter. iShares Core S&P U.S. Value ETF accounts for 4.4% of Townsend & Associates Inc’s investment portfolio, making the stock its 4th largest holding. Townsend & Associates Inc’s holdings in iShares Core S&P U.S. Value ETF were worth $42,386,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in IUSV. Valued Wealth Advisors LLC increased its position in shares of iShares Core S&P U.S. Value ETF by 891.2% in the third quarter. Valued Wealth Advisors LLC now owns 337 shares of the company’s stock valued at $32,000 after acquiring an additional 303 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of iShares Core S&P U.S. Value ETF in the third quarter valued at about $32,000. Mogy Joel R Investment Counsel Inc. increased its position in shares of iShares Core S&P U.S. Value ETF by 278.8% in the fourth quarter. Mogy Joel R Investment Counsel Inc. now owns 375 shares of the company’s stock valued at $35,000 after acquiring an additional 276 shares during the period. Hager Investment Management Services LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter valued at about $36,000. Finally, Global Wealth Strategies & Associates increased its position in shares of iShares Core S&P U.S. Value ETF by 293.6% in the fourth quarter. Global Wealth Strategies & Associates now owns 429 shares of the company’s stock valued at $40,000 after acquiring an additional 320 shares during the period.

iShares Core S&P U.S. Value ETF Trading Down 1.0 %

IUSV stock opened at $95.27 on Friday. The firm’s 50-day moving average price is $94.22 and its two-hundred day moving average price is $94.94. iShares Core S&P U.S. Value ETF has a 12-month low of $85.17 and a 12-month high of $100.29. The stock has a market capitalization of $20.08 billion, a price-to-earnings ratio of 22.14 and a beta of 0.95.

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

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.5456 dividend. The ex-dividend date was Tuesday, December 17th.

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.