Fifth Third Securities Inc. Lowers Holdings in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Posted by Chris Copeland on Aug 12th, 2024

Fifth Third Securities Inc. decreased its position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV – Free Report) by 3.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,864 shares of the company’s stock after selling 191 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Core S&P U.S. Value ETF were worth $429,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IUSV. Mather Group LLC. acquired a new stake in iShares Core S&P U.S. Value ETF in the first quarter worth $50,000. Capital Investment Advisory Services LLC increased its stake in iShares Core S&P U.S. Value ETF by 1,309.5% in the 1st quarter. Capital Investment Advisory Services LLC now owns 888 shares of the company’s stock worth $80,000 after purchasing an additional 825 shares in the last quarter. Pacific Center for Financial Services grew its stake in iShares Core S&P U.S. Value ETF by 319.4% during the 1st quarter. Pacific Center for Financial Services now owns 931 shares of the company’s stock valued at $84,000 after acquiring an additional 709 shares in the last quarter. Sanctuary Wealth Management L.L.C. purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $79,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $93,000.

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

IUSV traded down $0.32 on Monday, hitting $89.57. The company had a trading volume of 468,466 shares, compared to its average volume of 557,516. iShares Core S&P U.S. Value ETF has a 1-year low of $71.27 and a 1-year high of $93.08. The stock has a market cap of $17.82 billion, a price-to-earnings ratio of 22.96 and a beta of 0.95. The company’s fifty day moving average price is $89.26 and its 200 day moving average price is $88.13.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.4205 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Tuesday, June 11th.

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

(Free Report)

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.