Fifth Third Bancorp Grows Position in 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% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,792 shares of the company’s stock after purchasing 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 filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSV. Motco bought a new stake in shares of iShares Core S&P U.S. Value ETF during the 4th quarter valued at $29,000. Ransom Advisory Ltd bought a new position in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth about $31,000. Motiv8 Investments LLC bought a new position in shares of iShares Core S&P U.S. Value ETF in the 4th quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 4th quarter valued at about $35,000. Finally, Physician Wealth Advisors Inc. purchased a new position in iShares Core S&P U.S. Value ETF during the 1st quarter valued at about $36,000.

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

Shares of IUSV opened at $112.12 on Friday. iShares Core S&P U.S. Value ETF has a fifty-two week low of $93.91 and a fifty-two week high of $113.25. The firm’s 50-day simple moving average is $110.23 and its two-hundred day simple moving average is $106.90. The stock has a market cap of $27.13 billion, a PE ratio of 20.41 and a beta of 0.83.

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

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

iShares Core S&P U.S. Value ETF Company Profile

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.