Truist Financial Corp Buys 13,689 Shares of iShares Russell 3000 ETF $IWV

Truist Financial Corp lifted its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 36.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,268 shares of the company’s stock after purchasing an additional 13,689 shares during the quarter. Truist Financial Corp owned about 0.11% of iShares Russell 3000 ETF worth $19,833,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter worth approximately $28,000. Missouri Trust & Investment Co bought a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter worth approximately $63,000. Lodestone Wealth Management LLC bought a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth approximately $64,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Russell 3000 ETF in the 4th quarter worth approximately $64,000. Finally, Arcadia Investment Management Corp MI bought a new stake in shares of iShares Russell 3000 ETF in the 3rd quarter worth approximately $66,000.

iShares Russell 3000 ETF Stock Up 1.4%

Shares of IWV opened at $416.74 on Thursday. The business’s 50 day moving average price is $387.30 and its 200-day moving average price is $387.65. iShares Russell 3000 ETF has a 52 week low of $316.48 and a 52 week high of $417.39. The stock has a market cap of $19.30 billion, a P/E ratio of 25.11 and a beta of 1.01.

About iShares Russell 3000 ETF

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index). It serves as the underlying index for Russell 3000 Growth and Value series and the Russell 1000 and Russell 2000 Indexes, as well as their respective Growth and Value series. The Fund invests in sectors, such as technology, financial services, consumer discretionary, healthcare, producer durables, energy, consumer staples, utilities, materials & processing and S-T Securities.