Renasant Bank Sells 6,709 Shares of iShares S&P 500 Value ETF $IVE

Renasant Bank cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 38.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,709 shares of the company’s stock after selling 6,709 shares during the quarter. iShares S&P 500 Value ETF makes up 1.4% of Renasant Bank’s portfolio, making the stock its 19th largest position. Renasant Bank’s holdings in iShares S&P 500 Value ETF were worth $2,093,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Mowery & Schoenfeld Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the first quarter worth about $29,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $30,000. Nemes Rush Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 625.0% during the 1st quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter valued at approximately $33,000. Finally, Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Trading Up 0.9%

Shares of IVE opened at $211.21 on Wednesday. The company has a market cap of $43.08 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $211.83. The company’s fifty day simple moving average is $206.35 and its 200 day simple moving average is $198.57.

iShares S&P 500 Value ETF Company 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.