Home Federal Bank of Tennessee Cuts Stock Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Home Federal Bank of Tennessee reduced its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 227,089 shares of the company’s stock after selling 1,354 shares during the quarter. iShares Core S&P 500 ETF accounts for 37.5% of Home Federal Bank of Tennessee’s portfolio, making the stock its largest position. Home Federal Bank of Tennessee’s holdings in iShares Core S&P 500 ETF were worth $130,989,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. bought a new stake in iShares Core S&P 500 ETF during the 2nd quarter worth about $36,000. Thompson Investment Management Inc. bought a new stake in iShares Core S&P 500 ETF during the 1st quarter worth about $37,000. Covestor Ltd lifted its position in iShares Core S&P 500 ETF by 321.1% during the 1st quarter. Covestor Ltd now owns 80 shares of the company’s stock worth $42,000 after buying an additional 61 shares in the last quarter. LRI Investments LLC bought a new stake in iShares Core S&P 500 ETF during the 1st quarter worth about $55,000. Finally, Proffitt & Goodson Inc. lifted its position in iShares Core S&P 500 ETF by 21.2% during the 2nd quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after buying an additional 18 shares in the last quarter.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $586.12 on Wednesday. The company’s 50-day moving average price is $568.35 and its two-hundred day moving average price is $546.36. iShares Core S&P 500 ETF has a one year low of $411.02 and a one year high of $588.93. The stock has a market capitalization of $505.76 billion, a PE ratio of 25.23 and a beta of 0.99.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.