Truist Financial Corp Reduces Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Truist Financial Corp trimmed its stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 110,911 shares of the company’s stock after selling 5,000 shares during the quarter. Truist Financial Corp owned approximately 0.06% of iShares Core S&P U.S. Value ETF worth $9,775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Pathway Financial Advisers LLC acquired a new position in shares of iShares Core S&P U.S. Value ETF in the second quarter valued at approximately $62,000. Next Capital Management LLC grew its stake in iShares Core S&P U.S. Value ETF by 14.0% in the 2nd quarter. Next Capital Management LLC now owns 12,730 shares of the company’s stock worth $1,122,000 after acquiring an additional 1,559 shares during the period. Sunbelt Securities Inc. raised its holdings in iShares Core S&P U.S. Value ETF by 5.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 35,731 shares of the company’s stock valued at $3,149,000 after acquiring an additional 1,767 shares during the last quarter. NewEdge Advisors LLC raised its holdings in iShares Core S&P U.S. Value ETF by 4.7% in the 2nd quarter. NewEdge Advisors LLC now owns 29,731 shares of the company’s stock valued at $2,620,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core S&P U.S. Value ETF by 101.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 459,987 shares of the company’s stock worth $40,539,000 after purchasing an additional 231,386 shares during the period.

iShares Core S&P U.S. Value ETF Stock Up 0.6 %

Shares of NASDAQ:IUSV opened at $95.13 on Friday. The company has a market cap of $19.28 billion, a P/E ratio of 22.96 and a beta of 0.95. The business has a fifty day simple moving average of $93.06 and a 200-day simple moving average of $90.15. iShares Core S&P U.S. Value ETF has a 52 week low of $71.27 and a 52 week high of $95.66.

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

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders 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 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.