Anchor Investment Management LLC Trims Stock Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Anchor Investment Management LLC lessened its stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 59.0% in the second quarter, HoldingsChannel reports. The firm owned 1,189 shares of the company’s stock after selling 1,712 shares during the quarter. Anchor Investment Management LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $105,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its stake in shares of iShares Core S&P U.S. Value ETF by 1.8% during the 2nd quarter. Parallel Advisors LLC now owns 6,228 shares of the company’s stock worth $549,000 after purchasing an additional 112 shares during the last quarter. Exencial Wealth Advisors LLC lifted its stake in shares of iShares Core S&P U.S. Value ETF by 2.8% during the fourth quarter. Exencial Wealth Advisors LLC now owns 4,496 shares of the company’s stock valued at $379,000 after buying an additional 121 shares during the period. Patten & Patten Inc. TN boosted its position in iShares Core S&P U.S. Value ETF by 3.9% during the first quarter. Patten & Patten Inc. TN now owns 3,320 shares of the company’s stock worth $300,000 after acquiring an additional 125 shares during the last quarter. Benjamin Edwards Inc. boosted its position in iShares Core S&P U.S. Value ETF by 2.1% during the first quarter. Benjamin Edwards Inc. now owns 6,855 shares of the company’s stock worth $620,000 after acquiring an additional 144 shares during the last quarter. Finally, DGS Capital Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 4.1% in the 1st quarter. DGS Capital Management LLC now owns 3,848 shares of the company’s stock worth $348,000 after acquiring an additional 153 shares during the period.

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

Shares of IUSV opened at $95.13 on Friday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $71.27 and a fifty-two week high of $95.66. The stock has a fifty day moving average of $93.06 and a two-hundred day moving average of $90.14. The company has a market capitalization of $19.28 billion, a PE ratio of 22.96 and a beta of 0.95.

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

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid 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 was Wednesday, September 25th.

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.