First National Bank & Trust Co. of Newtown Takes Position in iShares Russell 1000 Value ETF $IWD

First National Bank & Trust Co. of Newtown purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, Holdings Channel reports. The firm purchased 2,972 shares of the exchange traded fund’s stock, valued at approximately $635,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $28,000. MBM Wealth Consultants LLC purchased a new stake in iShares Russell 1000 Value ETF in the first quarter worth about $29,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Finally, Grand Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $246.38 on Friday. The stock has a market cap of $81.37 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm’s 50-day moving average is $238.78 and its two-hundred day moving average is $226.10. iShares Russell 1000 Value ETF has a 1 year low of $191.64 and a 1 year high of $249.26.

iShares Russell 1000 Value ETF Company Profile

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.