iShares Russell 1000 ETF (NYSEARCA:IWB) is First Western Trust Bank’s 7th Largest Position

First Western Trust Bank increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 963.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 112,950 shares of the company’s stock after buying an additional 102,333 shares during the quarter. iShares Russell 1000 ETF comprises 1.3% of First Western Trust Bank’s holdings, making the stock its 7th largest position. First Western Trust Bank owned 0.09% of iShares Russell 1000 ETF worth $25,440,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Riverpoint Wealth Management Holdings LLC lifted its holdings in iShares Russell 1000 ETF by 0.4% in the first quarter. Riverpoint Wealth Management Holdings LLC now owns 12,416 shares of the company’s stock valued at $2,796,000 after acquiring an additional 47 shares during the last quarter. M Holdings Securities Inc. lifted its stake in shares of iShares Russell 1000 ETF by 0.4% in the 4th quarter. M Holdings Securities Inc. now owns 11,878 shares of the company’s stock valued at $2,501,000 after purchasing an additional 50 shares during the last quarter. Lee Danner & Bass Inc. grew its holdings in shares of iShares Russell 1000 ETF by 1.4% during the 1st quarter. Lee Danner & Bass Inc. now owns 3,735 shares of the company’s stock worth $841,000 after purchasing an additional 50 shares during the period. Deutsche Bank AG increased its position in shares of iShares Russell 1000 ETF by 7.1% during the 4th quarter. Deutsche Bank AG now owns 750 shares of the company’s stock worth $158,000 after purchasing an additional 50 shares during the last quarter. Finally, Horan Securities Inc. raised its holdings in iShares Russell 1000 ETF by 5.6% in the 1st quarter. Horan Securities Inc. now owns 955 shares of the company’s stock valued at $215,000 after buying an additional 51 shares during the period.

iShares Russell 1000 ETF Stock Down 0.5 %

IWB stock traded down $1.15 during mid-day trading on Tuesday, hitting $245.73. 137,852 shares of the company were exchanged, compared to its average volume of 720,329. iShares Russell 1000 ETF has a 12-month low of $192.01 and a 12-month high of $252.93. The firm has a market capitalization of $31.11 billion, a P/E ratio of 17.92 and a beta of 1.01. The business has a fifty day simple moving average of $246.06 and a 200-day simple moving average of $233.79.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.