Synovus Financial Corp Boosts Holdings in iShares Russell 1000 Value ETF (IWD)

Synovus Financial Corp raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,352,191 shares of the exchange traded fund’s stock after buying an additional 66,761 shares during the quarter. iShares Russell 1000 Value ETF accounts for 6.7% of Synovus Financial Corp’s portfolio, making the stock its 3rd largest position. Synovus Financial Corp owned about 1.10% of iShares Russell 1000 Value ETF worth $424,441,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Financial Counselors Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 896.2% in the 2nd quarter. Financial Counselors Inc. now owns 1,165,290 shares of the exchange traded fund’s stock valued at $14,144,000 after purchasing an additional 1,048,313 shares during the period. American Century Companies Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 26.1% in the 2nd quarter. American Century Companies Inc. now owns 4,732,884 shares of the exchange traded fund’s stock valued at $574,477,000 after purchasing an additional 980,725 shares during the period. Cornerstone Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 12,296.1% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 508,859 shares of the exchange traded fund’s stock valued at $4,194,000 after purchasing an additional 504,754 shares during the period. Sand Hill Global Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 595.4% in the 2nd quarter. Sand Hill Global Advisors LLC now owns 437,522 shares of the exchange traded fund’s stock valued at $53,106,000 after purchasing an additional 374,604 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of iShares Russell 1000 Value ETF by 980.3% in the 2nd quarter. Sei Investments Co. now owns 354,705 shares of the exchange traded fund’s stock valued at $43,054,000 after purchasing an additional 321,872 shares during the period.

NYSEARCA:IWD opened at $120.81 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $116.03 and a 52 week high of $131.56.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

See Also: Understanding Price to Earnings Ratio (PE)

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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