iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stake Boosted by Synovus Financial Corp

Synovus Financial Corp increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,457,525 shares of the exchange traded fund’s stock after purchasing an additional 116,327 shares during the quarter. iShares Russell 1000 Value ETF makes up 6.4% of Synovus Financial Corp’s investment portfolio, making the stock its 4th largest holding. Synovus Financial Corp owned about 1.14% of iShares Russell 1000 Value ETF worth $471,898,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Larson Financial Group LLC increased its stake in iShares Russell 1000 Value ETF by 74.3% in the 4th quarter. Larson Financial Group LLC now owns 190 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 81 shares in the last quarter. Resources Management Corp CT ADV purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $34,000. Vista Private Wealth Partners. LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $36,000. CNB Bank grew its stake in iShares Russell 1000 Value ETF by 50.2% during the 4th quarter. CNB Bank now owns 305 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 102 shares in the last quarter. Finally, Litman Gregory Asset Management LLC grew its stake in iShares Russell 1000 Value ETF by 46.8% during the 4th quarter. Litman Gregory Asset Management LLC now owns 367 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 117 shares in the last quarter.

NYSEARCA:IWD traded down $0.04 on Friday, hitting $138.48. 987,347 shares of the company’s stock traded hands, compared to its average volume of 1,707,540. iShares Russell 1000 Value ETF has a 1 year low of $119.45 and a 1 year high of $138.88. The firm has a 50-day moving average price of $136.67 and a 200-day moving average price of $131.20.

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).

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

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