Synovus Financial Corp Trims Stake in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Synovus Financial Corp cut its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,046 shares of the company’s stock after selling 3,973 shares during the period. Synovus Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $20,794,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Balboa Wealth Partners increased its stake in iShares Core S&P 500 ETF by 1.3% in the 3rd quarter. Balboa Wealth Partners now owns 1,292 shares of the company’s stock worth $745,000 after buying an additional 17 shares during the period. Proffitt & Goodson Inc. grew its stake in iShares Core S&P 500 ETF by 21.2% in the second quarter. Proffitt & Goodson Inc. now owns 103 shares of the company’s stock worth $56,000 after purchasing an additional 18 shares in the last quarter. TruWealth Advisors LLC increased its holdings in iShares Core S&P 500 ETF by 2.0% during the 3rd quarter. TruWealth Advisors LLC now owns 925 shares of the company’s stock worth $534,000 after purchasing an additional 18 shares during the period. Lewis Asset Management LLC raised its position in iShares Core S&P 500 ETF by 2.9% during the 3rd quarter. Lewis Asset Management LLC now owns 631 shares of the company’s stock valued at $364,000 after purchasing an additional 18 shares in the last quarter. Finally, Hassell Wealth Management LLC lifted its holdings in shares of iShares Core S&P 500 ETF by 2.6% in the 3rd quarter. Hassell Wealth Management LLC now owns 700 shares of the company’s stock worth $400,000 after buying an additional 18 shares during the period.

iShares Core S&P 500 ETF Price Performance

Shares of iShares Core S&P 500 ETF stock opened at $607.35 on Friday. The firm’s 50-day moving average is $591.97 and its two-hundred day moving average is $566.14. iShares Core S&P 500 ETF has a 1 year low of $466.30 and a 1 year high of $612.09. The stock has a market cap of $524.08 billion, a price-to-earnings ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.