iShares Russell 1000 Value ETF $IWD Shares Sold by First Western Trust Bank

First Western Trust Bank cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,953 shares of the exchange traded fund’s stock after selling 688 shares during the quarter. First Western Trust Bank’s holdings in iShares Russell 1000 Value ETF were worth $1,933,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares during the period. American Century Companies Inc. raised its holdings in iShares Russell 1000 Value ETF by 62.3% during the first quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock worth $175,960,000 after purchasing an additional 358,906 shares in the last quarter. Nuveen LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at about $58,271,000. Independence Asset Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $59,496,000. Finally, Marquette Asset Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 716.9% in the 2nd quarter. Marquette Asset Management LLC now owns 339,687 shares of the exchange traded fund’s stock valued at $65,977,000 after purchasing an additional 298,107 shares in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

Shares of IWD stock opened at $208.01 on Thursday. The stock has a 50 day simple moving average of $203.62 and a 200-day simple moving average of $196.74. The company has a market cap of $66.17 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $208.66.

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).