Claro Advisors LLC Reduces Stake in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

On October 20, 2024, it was reported that Claro Advisors LLC has reduced its holdings in the iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 32.4% during the third quarter. According to the latest filing with the Securities and Exchange Commission, the institutional investor now owns 6,029 shares after selling 2,888 shares in this period. Claro Advisors LLC's ownership in the iShares Core S&P U.S. Value ETF was valued at approximately $576,000 based on the recent filing.

Several other hedge funds have also made adjustments to their investments in the iShares Core S&P U.S. Value ETF. Mather Group LLC acquired a new stake worth around $50,000 during the first quarter. Similarly, RFG Advisory LLC invested approximately $434,000 to buy new shares in the same time frame. &PARTNERS purchased a new stake valuing about $461,000, and Global Assets Advisory LLC added to its position with a new investment worth around $2,757,000. Additionally, CGN Advisors LLC also entered the market with a new position valued at about $217,000.

Current Stock Performance

As of last Friday, the iShares Core S&P U.S. Value ETF opened at $97.25. The stock has shown strong performance, with a 50-day moving average price of $94.19 and a 200-day moving average price of $90.60. Over the past year, the ETF has ranged from a low of $71.27 to a high of $97.33. Currently, it maintains a market capitalization of $19.71 billion, with a price-to-earnings ratio of 22.96 and a beta of 0.95.

Dividend Announcement

The iShares Core S&P U.S. Value ETF has recently declared an increase in its dividend. The latest dividend payment of $0.5824 was made on September 30th, with the record date for shareholders being September 25th. This marks an increase from the previous dividend payout of $0.44, indicating positive growth in shareholder returns.

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 tracks the S&P 900 Value index. This fund focuses on large- and mid-cap value stocks in the United States, selecting from stocks ranked 1-3000 by market capitalization based on three valuation factors. The ETF was launched on July 24, 2000, and is managed by BlackRock.

Claro, Advisors, Shares