Synovus Financial Corp Purchases 37,093 Shares of iShares Russell 1000 Growth Index (IWF)

Synovus Financial Corp boosted its position in shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,622,181 shares of the exchange traded fund’s stock after buying an additional 37,093 shares during the quarter. iShares Russell 1000 Growth Index accounts for approximately 6.2% of Synovus Financial Corp’s investment portfolio, making the stock its 4th largest position. Synovus Financial Corp’s holdings in iShares Russell 1000 Growth Index were worth $353,154,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWF. Valmark Advisers Inc. acquired a new stake in iShares Russell 1000 Growth Index during the 4th quarter worth about $699,000. Centaurus Financial Inc. acquired a new stake in iShares Russell 1000 Growth Index during the 4th quarter worth about $1,292,000. Trustcore Financial Services LLC acquired a new stake in iShares Russell 1000 Growth Index during the 4th quarter worth about $709,000. Valeo Financial Advisors LLC boosted its position in iShares Russell 1000 Growth Index by 2.1% during the 4th quarter. Valeo Financial Advisors LLC now owns 33,727 shares of the exchange traded fund’s stock worth $4,542,000 after acquiring an additional 684 shares during the period. Finally, Homrich & Berg boosted its position in iShares Russell 1000 Growth Index by 15.1% during the 4th quarter. Homrich & Berg now owns 27,595 shares of the exchange traded fund’s stock worth $3,717,000 after acquiring an additional 3,617 shares during the period.

Shares of iShares Russell 1000 Growth Index (NYSEARCA:IWF) opened at $140.29 on Monday. iShares Russell 1000 Growth Index has a 1 year low of $111.62 and a 1 year high of $146.15. The company has a market capitalization of $40,590.00 and a PE ratio of 17.71.

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About iShares Russell 1000 Growth Index

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.

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Institutional Ownership by Quarter for iShares Russell 1000 Growth Index (NYSEARCA:IWF)

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