Synovus Financial Corp Reduces Position in iShares Russell 1000 Value ETF (IWD)

Synovus Financial Corp decreased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,299,362 shares of the exchange traded fund’s stock after selling 52,829 shares during the quarter. iShares Russell 1000 Value ETF comprises 6.6% of Synovus Financial Corp’s holdings, making the stock its 3rd largest holding. Synovus Financial Corp owned approximately 1.06% of iShares Russell 1000 Value ETF worth $366,412,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $1,068,000. Horan Securities Inc. lifted its position in iShares Russell 1000 Value ETF by 1.7% during the 3rd quarter. Horan Securities Inc. now owns 89,658 shares of the exchange traded fund’s stock worth $10,954,000 after buying an additional 1,461 shares in the last quarter. UMB Bank N A MO lifted its holdings in shares of iShares Russell 1000 Value ETF by 5.8% during the 3rd quarter. UMB Bank N A MO now owns 64,129 shares of the exchange traded fund’s stock worth $8,120,000 after acquiring an additional 3,525 shares during the period. Hirtle Callaghan & Co LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 26.7% in the third quarter. Hirtle Callaghan & Co LLC now owns 219,250 shares of the exchange traded fund’s stock valued at $27,859,000 after buying an additional 46,219 shares in the last quarter. Finally, Calamos Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $360,000.

NYSEARCA:IWD traded up $0.08 during trading hours on Tuesday, hitting $122.99. The company had a trading volume of 54,185 shares, compared to its average volume of 4,000,306. iShares Russell 1000 Value ETF has a 1 year low of $104.07 and a 1 year high of $129.82.

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iShares Russell 1000 Value ETF Company 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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