Petix & Botte Co Has $17.90 Million Stock Position in iShares Core S&P U.S. Value ETF $IUSV

Petix & Botte Co trimmed its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 4.6% during the second quarter, HoldingsChannel.com reports. The fund owned 189,108 shares of the company’s stock after selling 9,154 shares during the quarter. iShares Core S&P U.S. Value ETF makes up 4.4% of Petix & Botte Co’s portfolio, making the stock its 4th biggest position. Petix & Botte Co’s holdings in iShares Core S&P U.S. Value ETF were worth $17,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IUSV. Signaturefd LLC grew its position in iShares Core S&P U.S. Value ETF by 0.5% during the 2nd quarter. Signaturefd LLC now owns 4,483,865 shares of the company’s stock worth $424,308,000 after acquiring an additional 23,385 shares during the last quarter. Fifth Third Bancorp raised its holdings in iShares Core S&P U.S. Value ETF by 50.0% in the 2nd quarter. Fifth Third Bancorp now owns 1,603 shares of the company’s stock valued at $152,000 after buying an additional 534 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter worth approximately $468,000. DAVENPORT & Co LLC bought a new stake in iShares Core S&P U.S. Value ETF during the 2nd quarter worth approximately $211,000. Finally, Aprio Wealth Management LLC acquired a new position in iShares Core S&P U.S. Value ETF in the 1st quarter valued at approximately $1,193,000.

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

IUSV stock opened at $102.56 on Thursday. iShares Core S&P U.S. Value ETF has a 52-week low of $80.14 and a 52-week high of $102.75. The company has a market capitalization of $23.84 billion, a P/E ratio of 20.41 and a beta of 0.90. The company has a fifty day moving average price of $99.99 and a 200-day moving average price of $96.25.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a $0.4714 dividend. The ex-dividend date was Tuesday, September 16th. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.43. This represents a $1.89 annualized dividend and a yield of 1.8%.

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.