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

Truist Financial Corp lifted its position in shares of iShares Russell 3000 ETF (NYSEARCA:IWV) by 36.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 51,268 shares of the company’s stock after buying an additional 13,689 shares during the quarter. Truist Financial Corp’s holdings in iShares Russell 3000 ETF were worth $19,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IWV. AQR Capital Management LLC increased its position in shares of iShares Russell 3000 ETF by 15.5% during the first quarter. AQR Capital Management LLC now owns 8,152 shares of the company’s stock valued at $2,590,000 after acquiring an additional 1,095 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of iShares Russell 3000 ETF during the second quarter valued at approximately $210,000. Quantinno Capital Management LP increased its position in shares of iShares Russell 3000 ETF by 22.9% during the second quarter. Quantinno Capital Management LP now owns 20,872 shares of the company’s stock valued at $7,326,000 after acquiring an additional 3,886 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of iShares Russell 3000 ETF by 7.1% during the second quarter. Raymond James Financial Inc. now owns 151,857 shares of the company’s stock valued at $53,302,000 after acquiring an additional 10,009 shares in the last quarter. Finally, UNC Management Company Inc. increased its position in shares of iShares Russell 3000 ETF by 0.3% during the second quarter. UNC Management Company Inc. now owns 578,635 shares of the company’s stock valued at $203,101,000 after acquiring an additional 1,506 shares in the last quarter.

iShares Russell 3000 ETF Stock Up 1.4%

Shares of IWV opened at $416.74 on Thursday. The company has a market capitalization of $19.30 billion, a P/E ratio of 25.11 and a beta of 1.01. The firm has a 50 day moving average of $387.30 and a 200 day moving average of $387.65. iShares Russell 3000 ETF has a twelve month low of $316.48 and a twelve month high of $417.39.

iShares Russell 3000 ETF Company Profile

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.