BlackRock Inc. Sells 893,716 Shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

BlackRock Inc. decreased its holdings in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Get Rating) by 20.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 3,538,559 shares of the company’s stock after selling 893,716 shares during the quarter. BlackRock Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $221,549,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ronald Blue Trust Inc. acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the second quarter worth $454,740,000. Jones Financial Companies Lllp increased its stake in shares of iShares Core S&P U.S. Value ETF by 73.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,573,794 shares of the company’s stock valued at $98,535,000 after acquiring an additional 668,247 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Core S&P U.S. Value ETF by 20.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,754,837 shares of the company’s stock valued at $109,870,000 after acquiring an additional 296,691 shares during the period. UBS Group AG boosted its stake in iShares Core S&P U.S. Value ETF by 17.2% during the 1st quarter. UBS Group AG now owns 1,845,992 shares of the company’s stock worth $140,055,000 after acquiring an additional 271,137 shares during the last quarter. Finally, M&T Bank Corp bought a new position in iShares Core S&P U.S. Value ETF during the 2nd quarter worth approximately $73,000.

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

Shares of NASDAQ:IUSV opened at $70.21 on Tuesday. The company has a 50 day moving average price of $74.31 and a two-hundred day moving average price of $70.94. The company has a market capitalization of $12.59 billion, a PE ratio of 15.57 and a beta of 0.96. iShares Core S&P U.S. Value ETF has a 52 week low of $62.05 and a 52 week high of $78.25.

About iShares Core S&P U.S. Value ETF

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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.