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

Goelzer Investment Management Inc. cut its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWD. Arkadios Wealth Advisors boosted its stake in shares of iShares Russell 1000 Value ETF by 25.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock valued at $14,915,000 after purchasing an additional 14,842 shares during the last quarter. Americana Partners LLC increased its position in shares of iShares Russell 1000 Value ETF by 78.9% during the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after buying an additional 75,256 shares during the period. 1ST Source Bank raised its stake in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after buying an additional 8,737 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after buying an additional 2,894 shares during the last quarter. Finally, Apella Capital LLC lifted its holdings in iShares Russell 1000 Value ETF by 64.1% in the third quarter. Apella Capital LLC now owns 73,272 shares of the exchange traded fund’s stock valued at $14,789,000 after buying an additional 28,614 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.2%

Shares of IWD opened at $210.05 on Friday. The stock has a market capitalization of $65.44 billion, a P/E ratio of 18.83 and a beta of 0.89. The firm’s fifty day simple moving average is $219.90 and its two-hundred 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.

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.