Trek Financial LLC Sells 115,325 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Trek Financial LLC lessened its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 37.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 190,860 shares of the company’s stock after selling 115,325 shares during the period. iShares Core S&P U.S. Value ETF comprises about 1.3% of Trek Financial LLC’s holdings, making the stock its 17th biggest position. Trek Financial LLC’s holdings in iShares Core S&P U.S. Value ETF were worth $17,672,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Peapack Gladstone Financial Corp lifted its position in shares of iShares Core S&P U.S. Value ETF by 21.8% in the 4th quarter. Peapack Gladstone Financial Corp now owns 2,960 shares of the company’s stock worth $274,000 after acquiring an additional 530 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares Core S&P U.S. Value ETF by 4.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,411,105 shares of the company’s stock worth $408,424,000 after purchasing an additional 204,365 shares during the period. Perennial Investment Advisors LLC boosted its stake in iShares Core S&P U.S. Value ETF by 2.4% during the fourth quarter. Perennial Investment Advisors LLC now owns 9,271 shares of the company’s stock worth $858,000 after buying an additional 213 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares Core S&P U.S. Value ETF by 6.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,313,948 shares of the company’s stock worth $121,658,000 after buying an additional 80,483 shares in the last quarter. Finally, Astra Wealth Partners LLC bought a new stake in iShares Core S&P U.S. Value ETF in the 4th quarter valued at $282,000.

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

NASDAQ:IUSV opened at $83.69 on Friday. The company has a 50-day moving average of $93.65 and a 200-day moving average of $94.88. iShares Core S&P U.S. Value ETF has a 52 week low of $83.57 and a 52 week high of $100.29. The company has a market capitalization of $18.33 billion, a price-to-earnings ratio of 21.47 and a beta of 0.95.

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

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.3667 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.