Truist Financial Corp Buys 351,119 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Truist Financial Corp boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,638,730 shares of the exchange traded fund’s stock after acquiring an additional 351,119 shares during the period. iShares Russell 1000 Value ETF accounts for 0.7% of Truist Financial Corp’s portfolio, making the stock its 26th largest holding. Truist Financial Corp owned approximately 0.83% of iShares Russell 1000 Value ETF worth $436,050,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pathstone Family Office LLC boosted its stake in iShares Russell 1000 Value ETF by 2,323.4% during the third quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock valued at $764,948,000 after buying an additional 4,830,607 shares during the last quarter. TIAA Trust National Association bought a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $199,277,000. International Assets Investment Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 15,667.6% in the fourth quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock valued at $207,901,000 after purchasing an additional 1,250,118 shares in the last quarter. Comerica Bank purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at $147,633,000. Finally, Cerity Partners LLC increased its position in iShares Russell 1000 Value ETF by 622.6% in the fourth quarter. Cerity Partners LLC now owns 805,931 shares of the exchange traded fund’s stock worth $133,180,000 after purchasing an additional 694,404 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.1 %

NYSEARCA IWD traded down $0.15 during trading hours on Friday, hitting $173.05. 1,773,241 shares of the company were exchanged, compared to its average volume of 2,156,531. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $179.56. The stock has a 50-day moving average price of $173.68 and a 200 day moving average price of $164.08. The stock has a market cap of $54.23 billion, a PE ratio of 17.74 and a beta of 0.80.

iShares Russell 1000 Value ETF Company 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).