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

Goelzer Investment Management Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, Holdings Channel reports. The fund bought 26,194 shares of the exchange traded fund’s stock, valued at approximately $6,494,000.

Several other large investors also recently bought and sold shares of the business. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 2.7% in the second 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 in the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $326,735,000. Rockefeller Capital Management L.P. boosted its position in iShares Russell 1000 Value ETF by 28.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after buying an additional 319,319 shares during the period. Fifth Third Bancorp increased its stake in shares of iShares Russell 1000 Value ETF by 324.3% during the first 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 period. Finally, Bank of New York Mellon Corp increased its holdings in iShares Russell 1000 Value ETF by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock valued at $193,067,000 after buying an additional 45,283 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.1%

Shares of iShares Russell 1000 Value ETF stock opened at $255.77 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.19. The stock has a market cap of $83.69 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company has a fifty day simple moving average of $254.68 and a 200-day simple moving average of $243.45.

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.