Renasant Bank Purchases 98 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Renasant Bank boosted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,144 shares of the company’s stock after buying an additional 98 shares during the quarter. iShares S&P 500 Value ETF makes up 2.4% of Renasant Bank’s holdings, making the stock its 5th biggest holding. Renasant Bank’s holdings in iShares S&P 500 Value ETF were worth $3,654,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IVE. LexAurum Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after buying an additional 1,233 shares during the period. Financial Synergies Wealth Advisors Inc. lifted its position in shares of iShares S&P 500 Value ETF by 0.6% during the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock worth $5,480,000 after buying an additional 160 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in iShares S&P 500 Value ETF by 10.9% during the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock worth $722,000 after acquiring an additional 372 shares during the period. Equitable Trust Co. bought a new position in iShares S&P 500 Value ETF during the fourth quarter valued at about $5,806,000. Finally, Empowered Funds LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $133,000.

iShares S&P 500 Value ETF Stock Down 0.8 %

Shares of NYSEARCA:IVE opened at $185.78 on Friday. The firm has a market capitalization of $36.09 billion, a PE ratio of 22.06 and a beta of 0.94. The company has a 50-day moving average price of $194.33 and a two-hundred day moving average price of $196.22. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

About iShares S&P 500 Value ETF

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.