Truist Financial Corp Boosts Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Truist Financial Corp raised its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,180,845 shares of the exchange traded fund’s stock after buying an additional 10,021 shares during the quarter. iShares Russell 1000 Growth ETF comprises about 1.2% of Truist Financial Corp’s investment portfolio, making the stock its 11th largest holding. Truist Financial Corp owned approximately 0.82% of iShares Russell 1000 Growth ETF worth $794,940,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. American Century Companies Inc. lifted its position in iShares Russell 1000 Growth ETF by 3,987.1% during the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock valued at $558,032,000 after purchasing an additional 1,493,452 shares during the period. GLOBALT Investments LLC GA purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter worth approximately $350,964,000. Cetera Investment Advisers boosted its position in shares of iShares Russell 1000 Growth ETF by 409.6% during the 1st quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock valued at $442,343,000 after acquiring an additional 1,054,881 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in iShares Russell 1000 Growth ETF by 28,897.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after purchasing an additional 455,711 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Growth ETF by 6.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock valued at $1,641,130,000 after purchasing an additional 341,407 shares during the period.

iShares Russell 1000 Growth ETF Stock Performance

iShares Russell 1000 Growth ETF stock opened at $375.38 on Tuesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $256.01 and a fifty-two week high of $382.82. The firm has a 50 day moving average price of $359.55 and a 200 day moving average price of $351.27. The company has a market capitalization of $99.31 billion, a PE ratio of 35.64 and a beta of 1.20.

About iShares Russell 1000 Growth ETF

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.