Truist Financial Corp Sells 19,485 Shares of iShares Russell 1000 Value ETF $IWD

Truist Financial Corp trimmed its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,238,926 shares of the exchange traded fund’s stock after selling 19,485 shares during the period. iShares Russell 1000 Value ETF comprises 0.6% of Truist Financial Corp’s holdings, making the stock its 29th largest position. Truist Financial Corp’s holdings in iShares Russell 1000 Value ETF were worth $455,823,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after buying an additional 32,036,243 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after purchasing an additional 593,784 shares during the last quarter. Independence Asset Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $59,496,000. MJP Associates Inc. ADV bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $35,330,000. Finally, Mesirow Financial Investment Management Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 530.1% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 205,744 shares of the exchange traded fund’s stock valued at $39,961,000 after purchasing an additional 173,093 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.0%

IWD opened at $219.12 on Wednesday. The company has a fifty day moving average price of $212.27 and a two-hundred day moving average price of $205.12. The company has a market cap of $69.06 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $220.71.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.