Goelzer Investment Management Inc. Has $9.80 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Goelzer Investment Management Inc. lessened its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 52,952 shares of the exchange traded fund’s stock after selling 5,212 shares during the period. Goelzer Investment Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $9,803,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Concourse Financial Group Securities Inc. increased its stake in iShares Russell 1000 Value ETF by 3.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 53 shares during the last quarter. Greenwood Gearhart Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.7% in the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 54 shares in the last quarter. Sigma Investment Counselors Inc. increased its position in shares of iShares Russell 1000 Value ETF by 0.9% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock valued at $1,140,000 after purchasing an additional 55 shares during the last quarter. Farmers & Merchants Investments Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after buying an additional 57 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its position in iShares Russell 1000 Value ETF by 4.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 57 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $193.79 on Friday. The stock has a market capitalization of $60.70 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The firm’s 50 day simple moving average is $191.07 and its two-hundred day simple moving average is $187.60.

iShares Russell 1000 Value ETF 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).