Home Federal Bank of Tennessee Sells 8,582 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Home Federal Bank of Tennessee trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 385,974 shares of the company’s stock after selling 8,582 shares during the period. iShares S&P 500 Value ETF makes up approximately 21.8% of Home Federal Bank of Tennessee’s investment portfolio, making the stock its 2nd largest position. Home Federal Bank of Tennessee owned about 0.22% of iShares S&P 500 Value ETF worth $73,675,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $31,000. Valued Wealth Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $35,000. Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $35,000. Finally, Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Value ETF in the third quarter worth about $36,000.

iShares S&P 500 Value ETF Trading Down 0.6 %

IVE stock opened at $196.17 on Monday. The firm has a 50-day moving average price of $196.00 and a 200-day moving average price of $194.97. The stock has a market capitalization of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12 month low of $173.01 and a 12 month high of $206.63.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.