Goelzer Investment Management Inc. Makes New Investment in iShares Russell 1000 Value ETF $IWD

Goelzer Investment Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,194 shares of the exchange traded fund’s stock, valued at approximately $6,494,000.

Several other large investors also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Greenleaf Trust increased its position in iShares Russell 1000 Value ETF by 20,660.3% during the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares during the period. Rockefeller Capital Management L.P. raised its stake in iShares Russell 1000 Value ETF by 28.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock worth $302,995,000 after buying an additional 319,319 shares in the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter valued at about $326,735,000. Finally, Fifth Third Bancorp grew its position in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $255.77 on Friday. The business has a fifty day moving average price of $254.68 and a 200-day moving average price of $243.45. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.19. The stock has a market capitalization of $83.69 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.