Synovus Financial Corp Increases Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Synovus Financial Corp increased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,041,917 shares of the company’s stock after acquiring an additional 5,247 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 1.1% of Synovus Financial Corp’s holdings, making the stock its 15th largest position. Synovus Financial Corp owned about 0.25% of iShares Russell Mid-Cap ETF worth $91,835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IWR. AdvisorNet Financial Inc lifted its stake in iShares Russell Mid-Cap ETF by 34.1% in the second quarter. AdvisorNet Financial Inc now owns 2,994 shares of the company’s stock valued at $243,000 after purchasing an additional 762 shares during the last quarter. Gradient Investments LLC increased its holdings in iShares Russell Mid-Cap ETF by 358.6% in the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after acquiring an additional 9,707 shares during the last quarter. Saxon Interests Inc. raised its stake in iShares Russell Mid-Cap ETF by 11.0% in the 2nd quarter. Saxon Interests Inc. now owns 19,328 shares of the company’s stock valued at $1,567,000 after acquiring an additional 1,922 shares during the period. CFM Wealth Partners LLC lifted its holdings in iShares Russell Mid-Cap ETF by 14.7% during the second quarter. CFM Wealth Partners LLC now owns 67,211 shares of the company’s stock valued at $5,449,000 after purchasing an additional 8,594 shares during the last quarter. Finally, Unique Wealth LLC lifted its holdings in iShares Russell Mid-Cap ETF by 13.1% during the second quarter. Unique Wealth LLC now owns 81,472 shares of the company’s stock valued at $6,606,000 after purchasing an additional 9,454 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Down 0.4 %

IWR opened at $93.03 on Friday. The company has a market capitalization of $38.43 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The firm has a 50-day moving average price of $91.30 and a 200-day moving average price of $86.24. iShares Russell Mid-Cap ETF has a twelve month low of $74.44 and a twelve month high of $96.00.

About iShares Russell Mid-Cap ETF

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.