Synovus Financial Corp Sells 1,763 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Synovus Financial Corp cut its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,968 shares of the company’s stock after selling 1,763 shares during the quarter. Synovus Financial Corp’s holdings in iShares S&P 500 Growth ETF were worth $3,450,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Broadview Financial Management LLC grew its position in iShares S&P 500 Growth ETF by 0.6% during the 3rd quarter. Broadview Financial Management LLC now owns 107,557 shares of the company’s stock worth $10,299,000 after acquiring an additional 692 shares during the last quarter. Arvest Bank Trust Division bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $56,971,000. Wilmington Savings Fund Society FSB grew its holdings in shares of iShares S&P 500 Growth ETF by 244.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 287,774 shares of the company’s stock worth $27,554,000 after purchasing an additional 204,283 shares during the last quarter. PVG Asset Management Corp purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $441,000. Finally, Franklin Resources Inc. raised its holdings in iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 83,882 shares of the company’s stock valued at $8,204,000 after buying an additional 439 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

Shares of iShares S&P 500 Growth ETF stock opened at $90.99 on Tuesday. The company’s fifty day simple moving average is $96.78 and its two-hundred day simple moving average is $99.40. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm has a market cap of $49.57 billion, a PE ratio of 28.32 and a beta of 1.12.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 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 of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.