Truist Financial Corp Buys 47,747 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Truist Financial Corp increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 452,883 shares of the company’s stock after acquiring an additional 47,747 shares during the quarter. Truist Financial Corp’s holdings in iShares Russell 1000 ETF were worth $145,901,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund raised its stake in iShares Russell 1000 ETF by 398.0% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 996,000 shares of the company’s stock valued at $313,132,000 after purchasing an additional 796,000 shares in the last quarter. International Assets Investment Management LLC raised its stake in iShares Russell 1000 ETF by 26,328.0% during the third quarter. International Assets Investment Management LLC now owns 605,201 shares of the company’s stock valued at $190,269,000 after purchasing an additional 602,911 shares in the last quarter. Constellation Investments Inc. purchased a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $182,162,000. Financial Advocates Investment Management purchased a new stake in iShares Russell 1000 ETF during the third quarter valued at $28,903,000. Finally, Argent Capital Management LLC purchased a new stake in iShares Russell 1000 ETF during the fourth quarter valued at $27,324,000.

iShares Russell 1000 ETF Stock Up 0.0 %

iShares Russell 1000 ETF stock opened at $336.03 on Monday. The company has a market cap of $41.25 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The firm’s fifty day moving average is $329.33 and its 200 day moving average is $319.09. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $336.69.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.