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

Home Federal Bank of Tennessee trimmed its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% during the third quarter, Holdings Channel reports. The firm owned 227,089 shares of the company’s stock after selling 1,354 shares during the quarter. iShares Core S&P 500 ETF makes up approximately 37.5% of Home Federal Bank of Tennessee’s portfolio, making the stock its largest holding. Home Federal Bank of Tennessee’s holdings in iShares Core S&P 500 ETF were worth $130,989,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IVV. Proffitt & Goodson Inc. increased its position in shares of iShares Core S&P 500 ETF by 21.2% during the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after acquiring an additional 18 shares in the last quarter. TruWealth Advisors LLC increased its position in shares of iShares Core S&P 500 ETF by 2.0% during the third quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after acquiring an additional 18 shares in the last quarter. Global Trust Asset Management LLC increased its position in shares of iShares Core S&P 500 ETF by 5.3% during the second quarter. Global Trust Asset Management LLC now owns 379 shares of the company’s stock worth $207,000 after acquiring an additional 19 shares in the last quarter. Indiana Trust & Investment Management Co increased its position in shares of iShares Core S&P 500 ETF by 0.5% during the third quarter. Indiana Trust & Investment Management Co now owns 3,524 shares of the company’s stock worth $2,033,000 after acquiring an additional 19 shares in the last quarter. Finally, Independence Bank of Kentucky increased its position in shares of iShares Core S&P 500 ETF by 0.9% during the first quarter. Independence Bank of Kentucky now owns 2,134 shares of the company’s stock worth $1,122,000 after acquiring an additional 20 shares in the last quarter.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $586.12 on Wednesday. iShares Core S&P 500 ETF has a fifty-two week low of $411.02 and a fifty-two week high of $588.93. The stock has a market cap of $505.76 billion, a PE ratio of 25.23 and a beta of 0.99. The firm’s 50-day simple moving average is $568.35 and its 200 day simple moving average is $546.36.

iShares Core S&P 500 ETF 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.