GDS Wealth Management Cuts Stock Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

GDS Wealth Management reduced its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 418,271 shares of the company’s stock after selling 34,242 shares during the period. iShares Core S&P U.S. Value ETF accounts for 3.5% of GDS Wealth Management’s holdings, making the stock its 4th biggest holding. GDS Wealth Management’s holdings in iShares Core S&P U.S. Value ETF were worth $38,728,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. LPL Financial LLC raised its stake in iShares Core S&P U.S. Value ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 13,352,079 shares of the company’s stock worth $1,274,990,000 after buying an additional 417,635 shares during the period. Blue Trust Inc. increased its holdings in shares of iShares Core S&P U.S. Value ETF by 6.7% during the third quarter. Blue Trust Inc. now owns 4,914,807 shares of the company’s stock valued at $433,142,000 after acquiring an additional 309,675 shares in the last quarter. Signaturefd LLC raised its position in shares of iShares Core S&P U.S. Value ETF by 0.9% during the third quarter. Signaturefd LLC now owns 4,308,366 shares of the company’s stock worth $411,406,000 after purchasing an additional 37,546 shares during the period. Aspiriant LLC lifted its holdings in shares of iShares Core S&P U.S. Value ETF by 13.8% in the 4th quarter. Aspiriant LLC now owns 3,266,064 shares of the company’s stock worth $302,405,000 after purchasing an additional 396,158 shares in the last quarter. Finally, Kestra Investment Management LLC grew its position in iShares Core S&P U.S. Value ETF by 53.2% in the 3rd quarter. Kestra Investment Management LLC now owns 2,321,388 shares of the company’s stock valued at $221,669,000 after purchasing an additional 806,039 shares during the period.

iShares Core S&P U.S. Value ETF Trading Down 0.6 %

IUSV opened at $94.80 on Tuesday. iShares Core S&P U.S. Value ETF has a 1-year low of $83.74 and a 1-year high of $100.29. The company has a market cap of $19.98 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The company’s fifty day moving average price is $95.05 and its two-hundred day moving average price is $94.52.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.5456 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.