Deep Value Stocks ETFs: Top 5 Picks

4. iShares Focused Value Factor ETF (NYSEARCA:FOVL)

Ranking 4th in our list of the best deep value stocks ETFs is iShares Focused Value Factor ETF (NYSEARCA:FOVL). iShares Focused Value Factor ETF (NYSEARCA:FOVL)’s objective is to have exposure to mid- and large-cap value stocks and also to have a “concentrated exposure to value through a transparent and cost-efficient ETF.”

iShares Focused Value Factor ETF (NYSEARCA:FOVL) is up about 13% over the past one year. Among the top holdings of iShares Focused Value Factor ETF (NYSEARCA:FOVL) are Pinnacle Financial Partners, Inc. (NASDAQ:PNFP), White Mountains Insurance Group, Ltd. (NYSE:WTM) and Old Republic International Corporation (NYSE:ORI).

As of the end of the second quarter of 2023, 26 hedge funds out of the 910 funds tracked by Insider Monkey reported owning stakes in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). The biggest stakeholder of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was Jonathan Bloomberg’s BloombergSen which owns a $51.2 million stake in the company.