First Western Trust Bank Sells 2,356 Shares of iShares Russell 1000 Value ETF $IWD

First Western Trust Bank lessened its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 23.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,597 shares of the exchange traded fund’s stock after selling 2,356 shares during the quarter. First Western Trust Bank’s holdings in iShares Russell 1000 Value ETF were worth $1,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clayton Financial Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $27,000. Clarity Asset Management Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $35,000. Davis Capital Management acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $38,000. Aberdeen Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $39,000. Finally, Federated Hermes Inc. bought a new position in iShares Russell 1000 Value ETF in the third quarter valued at approximately $41,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $214.74 on Monday. The firm has a 50 day simple moving average of $220.58 and a two-hundred day simple moving average of $210.87. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The company has a market cap of $66.90 billion, a P/E ratio of 18.83 and a beta of 0.89.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.