Truist Financial Corp Grows Stake in iShares Russell 1000 ETF $IWB

Truist Financial Corp increased its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 454,079 shares of the company’s stock after purchasing an additional 36,492 shares during the quarter. Truist Financial Corp owned approximately 0.37% of iShares Russell 1000 ETF worth $169,571,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its holdings in iShares Russell 1000 ETF by 3.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 11,256,502 shares of the company’s stock worth $4,092,759,000 after purchasing an additional 427,736 shares during the period. Bank of America Corp DE raised its holdings in iShares Russell 1000 ETF by 14.9% in the 2nd quarter. Bank of America Corp DE now owns 4,768,103 shares of the company’s stock worth $1,619,105,000 after purchasing an additional 616,717 shares during the period. Focus Partners Wealth raised its holdings in iShares Russell 1000 ETF by 86.1% in the 3rd quarter. Focus Partners Wealth now owns 1,739,749 shares of the company’s stock worth $635,852,000 after purchasing an additional 805,083 shares during the period. Johnson Investment Counsel Inc. raised its holdings in iShares Russell 1000 ETF by 1.5% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,426,322 shares of the company’s stock worth $521,292,000 after purchasing an additional 21,288 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its holdings in iShares Russell 1000 ETF by 0.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 789,576 shares of the company’s stock worth $288,574,000 after purchasing an additional 6,028 shares during the period.

iShares Russell 1000 ETF Stock Performance

Shares of iShares Russell 1000 ETF stock opened at $393.89 on Monday. iShares Russell 1000 ETF has a one year low of $305.56 and a one year high of $396.11. The stock’s fifty day moving average is $371.95 and its 200 day moving average is $373.14. The stock has a market cap of $46.34 billion, a P/E ratio of 24.71 and a beta of 1.00.

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.