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

Truist Financial Corp boosted its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 452,883 shares of the company’s stock after buying an additional 47,747 shares during the quarter. Truist Financial Corp owned approximately 0.37% of iShares Russell 1000 ETF worth $145,901,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IWB. Winch Advisory Services LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $30,000. Clarkston Capital Partners LLC bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $32,000. Archer Investment Corp bought a new position in shares of iShares Russell 1000 ETF in the third quarter worth approximately $37,000. Crews Bank & Trust bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $37,000. Finally, Golden State Wealth Management LLC bought a new position in shares of iShares Russell 1000 ETF in the fourth quarter worth approximately $37,000.

iShares Russell 1000 ETF Price Performance

IWB opened at $336.03 on Monday. The firm has a market cap of $41.25 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 1-year low of $271.54 and a 1-year high of $336.69. The company has a 50 day simple moving average of $329.33 and a two-hundred day simple moving average of $319.09.

About iShares Russell 1000 ETF

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.