iShares Russell 1000 Growth ETF (NYSEARCA:IWF) Shares Bought by Truist Financial Corp

Truist Financial Corp grew its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,225,052 shares of the exchange traded fund’s stock after purchasing an additional 47,257 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 1.1% of Truist Financial Corp’s investment portfolio, making the stock its 9th largest holding. Truist Financial Corp’s holdings in iShares Russell 1000 Growth ETF were worth $674,569,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BluePath Capital Management LLC acquired a new position in iShares Russell 1000 Growth ETF during the 3rd quarter valued at about $27,000. Cranbrook Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $30,000. Planned Solutions Inc. acquired a new position in shares of iShares Russell 1000 Growth ETF during the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC raised its holdings in iShares Russell 1000 Growth ETF by 772.2% during the fourth quarter. Sound Income Strategies LLC now owns 157 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 139 shares in the last quarter. Finally, Mendota Financial Group LLC acquired a new stake in iShares Russell 1000 Growth ETF in the fourth quarter worth approximately $57,000.

iShares Russell 1000 Growth ETF Stock Up 1.8 %

NYSEARCA IWF traded up $5.94 on Friday, reaching $327.99. 857,390 shares of the stock traded hands, compared to its average volume of 1,409,033. iShares Russell 1000 Growth ETF has a 12 month low of $241.20 and a 12 month high of $340.83. The company has a market cap of $86.90 billion, a price-to-earnings ratio of 36.72 and a beta of 1.20. The firm’s fifty day simple moving average is $331.14 and its 200 day simple moving average is $307.72.

iShares Russell 1000 Growth ETF Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.