Home Federal Bank of Tennessee Has $77.80 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Home Federal Bank of Tennessee grew its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 holdings, making the stock its 2nd largest holding. Home Federal Bank of Tennessee owned 0.22% of iShares S&P 500 Value ETF worth $77,795,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IVE. Financial Life Advisors raised its stake in shares of iShares S&P 500 Value ETF by 4.7% during the 3rd quarter. Financial Life Advisors now owns 155,957 shares of the company’s stock worth $30,750,000 after purchasing an additional 7,029 shares during the period. Foundations Investment Advisors LLC raised its position in iShares S&P 500 Value ETF by 8.0% in the third quarter. Foundations Investment Advisors LLC now owns 441,292 shares of the company’s stock worth $87,010,000 after acquiring an additional 32,584 shares during the period. Horst & Graben Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 2.3% in the third quarter. Horst & Graben Wealth Management LLC now owns 69,417 shares of the company’s stock valued at $13,687,000 after acquiring an additional 1,557 shares during the last quarter. Venture Visionary Partners LLC grew its position in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 4,956 shares of the company’s stock valued at $977,000 after acquiring an additional 348 shares during the period. Finally, Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE traded down $1.21 during trading hours on Tuesday, reaching $197.78. The stock had a trading volume of 72,107 shares, 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 stock has a 50 day simple moving average of $194.90 and a 200 day simple moving average of $187.36. The stock has a market cap of $35.43 billion, a P/E 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.