Synovus Financial Corp Lowers Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Synovus Financial Corp lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,063 shares of the company’s stock after selling 4,351 shares during the period. Synovus Financial Corp owned approximately 0.11% of iShares Russell Mid-Cap Growth ETF worth $18,263,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. National Bank of Canada FI grew its position in iShares Russell Mid-Cap Growth ETF by 269.3% during the third quarter. National Bank of Canada FI now owns 4,801 shares of the company’s stock valued at $563,000 after acquiring an additional 3,501 shares during the period. Passumpsic Savings Bank lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.5% in the 3rd quarter. Passumpsic Savings Bank now owns 12,066 shares of the company’s stock valued at $1,415,000 after purchasing an additional 844 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 18.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 78,476 shares of the company’s stock worth $9,204,000 after purchasing an additional 12,370 shares during the period. World Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $352,000. Finally, Broadview Financial Management LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $246,000.

iShares Russell Mid-Cap Growth ETF Stock Up 1.3 %

IWP opened at $112.53 on Friday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $139.68. The company has a 50 day moving average of $123.50 and a two-hundred day moving average of $126.53. The company has a market cap of $15.98 billion, a P/E ratio of 27.36 and a beta of 1.16.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).