iShares Russell Mid-Cap ETF $IWR Shares Purchased by Synovus Financial Corp

Synovus Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.5% in the 3rd quarter, Holdings Channel reports. The fund owned 1,122,081 shares of the company’s stock after buying an additional 17,086 shares during the period. iShares Russell Mid-Cap ETF makes up 1.2% of Synovus Financial Corp’s investment portfolio, making the stock its 16th largest position. Synovus Financial Corp’s holdings in iShares Russell Mid-Cap ETF were worth $108,338,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after purchasing an additional 5,633,614 shares during the period. Bank of New York Mellon Corp grew its position in iShares Russell Mid-Cap ETF by 23.5% during the second quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock valued at $910,441,000 after buying an additional 1,880,984 shares during the period. BNP Paribas Financial Markets raised its position in shares of iShares Russell Mid-Cap ETF by 186.3% in the second quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after acquiring an additional 497,601 shares during the period. Creative Planning raised its position in shares of iShares Russell Mid-Cap ETF by 35.9% in the second quarter. Creative Planning now owns 930,420 shares of the company’s stock worth $85,571,000 after acquiring an additional 245,879 shares during the period. Finally, Truist Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 6.1% during the 3rd quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after acquiring an additional 239,492 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.6%

NYSEARCA:IWR opened at $102.31 on Thursday. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $103.29. The stock’s 50-day moving average price is $99.42 and its 200-day moving average price is $96.96. The stock has a market capitalization of $48.93 billion, a PE ratio of 21.00 and a beta of 1.06.

iShares Russell Mid-Cap ETF Company Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.