Synovus Financial Corp Invests $1.26 Million in Harbor Health Care ETF $MEDI

Synovus Financial Corp bought a new stake in Harbor Health Care ETF (NYSEARCA:MEDI) during the third quarter, Holdings Channel.com reports. The institutional investor bought 44,036 shares of the company’s stock, valued at approximately $1,258,000. Synovus Financial Corp owned approximately 0.06% of Harbor Health Care ETF at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC raised its position in Harbor Health Care ETF by 3.5% in the third quarter. Commonwealth Equity Services LLC now owns 207,933 shares of the company’s stock valued at $5,940,000 after purchasing an additional 7,099 shares during the period.

Harbor Health Care ETF Price Performance

Shares of Harbor Health Care ETF stock opened at $31.35 on Friday. The stock has a market capitalization of $26.65 million, a price-to-earnings ratio of 35.66 and a beta of 0.75. The business has a 50-day moving average of $31.50 and a 200 day moving average of $30.14. Harbor Health Care ETF has a 12 month low of $21.86 and a 12 month high of $33.08.

Harbor Health Care ETF Profile

The Harbor Health Care ETF (MEDI) is an exchange-traded fund that is based on the Russell 3000 Growth Health Care index. The fund seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally. MEDI was launched on Nov 16, 2022 and is managed by Harbor.