Fifth Third Bancorp Purchases 50,122 Shares of iShares Core S&P U.S. Value ETF $IUSV

Fifth Third Bancorp lifted its position in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) by 1,365.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 53,792 shares of the company’s stock after buying an additional 50,122 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core S&P U.S. Value ETF were worth $5,500,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Motco bought a new position in iShares Core S&P U.S. Value ETF in the 4th quarter valued at approximately $29,000. Ransom Advisory Ltd bought a new stake in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth $31,000. Motiv8 Investments LLC purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the fourth quarter worth $35,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of iShares Core S&P U.S. Value ETF in the first quarter worth $36,000.

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

NASDAQ IUSV opened at $112.12 on Friday. iShares Core S&P U.S. Value ETF has a one year low of $93.91 and a one year high of $113.25. The stock has a 50-day moving average of $110.23 and a 200 day moving average of $106.90. The company has a market capitalization of $27.13 billion, a price-to-earnings ratio of 20.41 and a beta of 0.83.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.4504 dividend. This is a boost from iShares Core S&P U.S. Value ETF’s previous quarterly dividend of $0.39. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, June 15th.

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.