Truist Financial Corp Purchases 67,861 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Truist Financial Corp raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 16.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 474,134 shares of the company’s stock after acquiring an additional 67,861 shares during the period. Truist Financial Corp’s holdings in iShares Russell 1000 ETF were worth $124,347,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. M&T Bank Corp boosted its position in shares of iShares Russell 1000 ETF by 1.7% in the 3rd quarter. M&T Bank Corp now owns 2,923,123 shares of the company’s stock worth $686,672,000 after purchasing an additional 49,597 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Russell 1000 ETF by 1.8% in the 3rd quarter. LPL Financial LLC now owns 2,249,921 shares of the company’s stock worth $528,529,000 after purchasing an additional 38,800 shares in the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of iShares Russell 1000 ETF by 0.6% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 1,200,365 shares of the company’s stock worth $281,978,000 after purchasing an additional 6,945 shares in the last quarter. Pathstone Family Office LLC boosted its position in shares of iShares Russell 1000 ETF by 2,233.8% in the 3rd quarter. Pathstone Family Office LLC now owns 1,170,028 shares of the company’s stock worth $274,904,000 after purchasing an additional 1,119,893 shares in the last quarter. Finally, UBS Group AG boosted its position in shares of iShares Russell 1000 ETF by 10.7% in the 3rd quarter. UBS Group AG now owns 1,068,549 shares of the company’s stock worth $251,013,000 after purchasing an additional 102,850 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

NYSEARCA IWB traded up $2.65 during mid-day trading on Friday, reaching $279.45. The stock had a trading volume of 541,953 shares, compared to its average volume of 721,134. iShares Russell 1000 ETF has a 1 year low of $221.31 and a 1 year high of $288.75. The stock has a market cap of $34.41 billion, a PE ratio of 25.11 and a beta of 1.01. The company has a fifty day moving average price of $281.46 and a 200 day moving average price of $263.51.

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.