Home Federal Bank of Tennessee Has $73.68 Million Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Home Federal Bank of Tennessee lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 385,974 shares of the company’s stock after selling 8,582 shares during the quarter. 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’s holdings in iShares S&P 500 Value ETF were worth $73,675,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Stifel Financial Corp increased its position in iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after purchasing an additional 60,868 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock valued at $389,537,000 after purchasing an additional 139,651 shares during the period. International Assets Investment Management LLC increased its position in iShares S&P 500 Value ETF by 18,046.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock valued at $262,938,000 after purchasing an additional 1,326,211 shares during the period. Huntington National Bank increased its position in iShares S&P 500 Value ETF by 6.9% during the 3rd quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock valued at $206,225,000 after purchasing an additional 67,448 shares during the period. Finally, Park Avenue Securities LLC increased its position in iShares S&P 500 Value ETF by 5.8% during the 4th quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after purchasing an additional 51,773 shares during the period.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $196.17 on Monday. The company has a market capitalization of $35.14 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a fifty-two week low of $173.01 and a fifty-two week high of $206.63. The company has a 50 day simple moving average of $196.00 and a two-hundred day simple moving average of $194.97.

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.