Truist Financial Corp Sells 42,384 Shares of iShares Russell 1000 Value ETF $IWD

Truist Financial Corp reduced its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,258,411 shares of the exchange traded fund’s stock after selling 42,384 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.6% of Truist Financial Corp’s portfolio, making the stock its 26th biggest holding. Truist Financial Corp owned 0.71% of iShares Russell 1000 Value ETF worth $438,651,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IWD. Truvestments Capital LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $25,000. GKV Capital Management Co. Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $27,000. Whipplewood Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $33,000. Creative Capital Management Investments LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $38,000. Finally, Valley Wealth Managers Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 78.0% in the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 92 shares during the period. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $203.59 on Wednesday. The business’s 50-day simple moving average is $199.82 and its 200-day simple moving average is $191.54. The firm has a market capitalization of $64.25 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $204.02.

About iShares Russell 1000 Value ETF

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).