Synovus Financial Corp Boosts Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Synovus Financial Corp grew its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,874 shares of the company’s stock after buying an additional 507 shares during the period. Synovus Financial Corp owned 0.12% of iShares Russell 2000 Value ETF worth $14,920,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. National Bank of Canada FI boosted its holdings in iShares Russell 2000 Value ETF by 4.6% in the third quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock valued at $341,000 after purchasing an additional 90 shares in the last quarter. MML Investors Services LLC lifted its position in shares of iShares Russell 2000 Value ETF by 8.5% during the 3rd quarter. MML Investors Services LLC now owns 29,351 shares of the company’s stock worth $4,896,000 after buying an additional 2,293 shares during the last quarter. Coldstream Capital Management Inc. acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $339,000. M&T Bank Corp grew its position in shares of iShares Russell 2000 Value ETF by 20.6% in the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock valued at $192,560,000 after buying an additional 196,988 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its stake in iShares Russell 2000 Value ETF by 2.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 34,549 shares of the company’s stock worth $6,169,000 after acquiring an additional 854 shares in the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN opened at $137.35 on Friday. iShares Russell 2000 Value ETF has a 1-year low of $129.38 and a 1-year high of $183.51. The stock has a market cap of $10.14 billion, a PE ratio of 12.67 and a beta of 1.07. The firm has a fifty day moving average price of $154.93 and a 200 day moving average price of $164.31.

About iShares Russell 2000 Value ETF

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.