iShares Russell 1000 Value ETF $IWD Position Boosted by Synovus Financial Corp

Synovus Financial Corp lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,240,013 shares of the exchange traded fund’s stock after acquiring an additional 3,839 shares during the period. iShares Russell 1000 Value ETF makes up 7.5% of Synovus Financial Corp’s portfolio, making the stock its biggest position. Synovus Financial Corp owned about 1.02% of iShares Russell 1000 Value ETF worth $659,646,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWD. Clayton Financial Group LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $27,000. Access Investment Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth $35,000. Clarity Asset Management Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth $35,000. Davis Capital Management purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter valued at $38,000. Finally, Aberdeen Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $39,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $224.31 on Thursday. The company has a 50-day moving average of $217.09 and a two-hundred day moving average of $207.97. The stock has a market cap of $69.88 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.