Synovus Financial Corp Raises Stock Holdings in iShares Core S&P 500 ETF $IVV

Synovus Financial Corp grew its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,761 shares of the company’s stock after acquiring an additional 1,265 shares during the quarter. Synovus Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $25,964,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Nvwm LLC boosted its stake in shares of iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the period. Winnow Wealth LLC purchased a new stake in iShares Core S&P 500 ETF during the 3rd quarter valued at approximately $61,000. Conquis Financial LLC acquired a new stake in iShares Core S&P 500 ETF during the 3rd quarter worth approximately $82,000. Your Advocates Ltd. LLP lifted its position in iShares Core S&P 500 ETF by 51.6% during the 2nd quarter. Your Advocates Ltd. LLP now owns 138 shares of the company’s stock worth $86,000 after acquiring an additional 47 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at approximately $92,000. 70.12% of the stock is owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Trading Up 0.5%

NYSEARCA:IVV opened at $689.35 on Thursday. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $700.97. The stock’s 50 day simple moving average is $690.43 and its 200-day simple moving average is $674.32. The firm has a market cap of $757.73 billion, a P/E ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.