Goelzer Investment Management Inc. Has $10.58 Million Stock Position in iShares Russell 1000 Value ETF $IWD

Goelzer Investment Management Inc. reduced its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.8% in the fourth quarter, HoldingsChannel reports. The firm owned 50,291 shares of the exchange traded fund’s stock after selling 3,093 shares during the period. Goelzer Investment Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $10,578,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IWD. Baird Financial Group Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after buying an additional 593,784 shares in the last quarter. Confluence Investment Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 2,904.9% in the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after acquiring an additional 549,686 shares in the last quarter. Tcfg Wealth Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 12,109.1% in the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after acquiring an additional 318,953 shares in the last quarter. SMI Advisory Services LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $55,463,000. Finally, Thrivent Financial for Lutherans lifted its position in shares of iShares Russell 1000 Value ETF by 615.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after acquiring an additional 250,498 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 1.2%

Shares of NYSEARCA IWD opened at $210.05 on Friday. The firm has a market cap of $65.44 billion, a PE ratio of 18.83 and a beta of 0.89. The company’s fifty day simple moving average is $219.90 and its 200 day simple moving average is $211.66. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39.

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.