Synovus Financial Corp Sells 3,940 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Synovus Financial Corp lowered its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,282,717 shares of the exchange traded fund’s stock after selling 3,940 shares during the period. iShares Russell 1000 Growth ETF makes up about 6.6% of Synovus Financial Corp’s holdings, making the stock its 3rd biggest position. Synovus Financial Corp owned 0.48% of iShares Russell 1000 Growth ETF worth $515,133,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IWF. Raymond James Financial Inc. bought a new stake in shares of iShares Russell 1000 Growth ETF during the fourth quarter worth about $1,367,267,000. Sumitomo Mitsui Financial Group Inc. purchased a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth $279,993,000. Strategic Financial Concepts LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 44,227.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after acquiring an additional 655,457 shares during the period. Prudential Financial Inc. boosted its position in iShares Russell 1000 Growth ETF by 100.9% during the fourth quarter. Prudential Financial Inc. now owns 831,195 shares of the exchange traded fund’s stock worth $333,791,000 after purchasing an additional 417,507 shares during the period. Finally, Wells Fargo & Company MN boosted its position in iShares Russell 1000 Growth ETF by 9.8% during the fourth quarter. Wells Fargo & Company MN now owns 4,514,226 shares of the exchange traded fund’s stock worth $1,812,823,000 after purchasing an additional 402,405 shares during the period.

iShares Russell 1000 Growth ETF Trading Up 1.8 %

Shares of IWF stock opened at $350.02 on Friday. The stock has a market capitalization of $92.90 billion, a P/E ratio of 31.13 and a beta of 1.15. The firm’s 50 day moving average is $378.42 and its 200 day moving average is $390.29. iShares Russell 1000 Growth ETF has a 12 month low of $308.67 and a 12 month high of $419.53.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.