Renasant Bank Sells 511 Shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Renasant Bank decreased its stake in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 12,239 shares of the company’s stock after selling 511 shares during the period. iShares S&P Mid-Cap 400 Value ETF comprises about 1.0% of Renasant Bank’s investment portfolio, making the stock its 28th biggest position. Renasant Bank’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $1,529,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Value ETF by 3.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,407,669 shares of the company’s stock worth $175,902,000 after acquiring an additional 48,130 shares during the last quarter. D.A. Davidson & CO. boosted its position in iShares S&P Mid-Cap 400 Value ETF by 1.8% during the fourth quarter. D.A. Davidson & CO. now owns 897,864 shares of the company’s stock worth $112,197,000 after purchasing an additional 15,739 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares S&P Mid-Cap 400 Value ETF in the fourth quarter valued at $106,658,000. JPMorgan Chase & Co. raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 18.3% in the third quarter. JPMorgan Chase & Co. now owns 391,172 shares of the company’s stock valued at $48,357,000 after purchasing an additional 60,576 shares during the period. Finally, HighTower Advisors LLC raised its position in shares of iShares S&P Mid-Cap 400 Value ETF by 7.4% in the fourth quarter. HighTower Advisors LLC now owns 390,496 shares of the company’s stock valued at $48,796,000 after purchasing an additional 26,984 shares during the period.

iShares S&P Mid-Cap 400 Value ETF Stock Performance

Shares of IJJ stock opened at $117.40 on Friday. iShares S&P Mid-Cap 400 Value ETF has a 52 week low of $109.12 and a 52 week high of $136.42. The company has a market capitalization of $8.02 billion, a price-to-earnings ratio of 17.02 and a beta of 1.18. The company has a 50-day simple moving average of $126.52 and a 200 day simple moving average of $126.13.

iShares S&P Mid-Cap 400 Value ETF Company Profile

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.