iShares S&P 500 Value ETF (NYSEARCA:IVE) is Home Federal Bank of Tennessee’s 2nd Largest Position

Home Federal Bank of Tennessee grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 394,556 shares of the company’s stock after acquiring an additional 1,411 shares during the quarter. iShares S&P 500 Value ETF comprises 22.3% of Home Federal Bank of Tennessee’s investment portfolio, making the stock its 2nd largest position. Home Federal Bank of Tennessee’s holdings in iShares S&P 500 Value ETF were worth $77,795,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $251,000. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF in the first quarter worth $29,000. Global Assets Advisory LLC bought a new stake in iShares S&P 500 Value ETF in the first quarter valued at $9,573,000. Dynamic Advisor Solutions LLC increased its position in iShares S&P 500 Value ETF by 1.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 7,436 shares of the company’s stock valued at $1,389,000 after purchasing an additional 131 shares during the period. Finally, Hoxton Planning & Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth about $2,759,000.

iShares S&P 500 Value ETF Stock Down 0.6 %

Shares of IVE traded down $1.21 during trading hours on Tuesday, reaching $197.78. 72,107 shares of the company traded hands, compared to its average volume of 683,134. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $201.08. The company’s fifty day moving average price is $194.90 and its two-hundred day moving average price is $187.36. The company has a market capitalization of $35.43 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Profile

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.