Northwestern Mutual Wealth Management Co. Has $88.75 Million Stake in iShares Russell 1000 Value ETF $IWD

Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 456,919 shares of the exchange traded fund’s stock after buying an additional 6,496 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.14% of iShares Russell 1000 Value ETF worth $88,747,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 2.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after buying an additional 32,036,243 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after buying an additional 57,669 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.8% during the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after acquiring an additional 81,955 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 5.9% during the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after acquiring an additional 253,088 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.7%

NYSEARCA IWD opened at $209.98 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $210.18. The stock has a market cap of $66.79 billion, a P/E ratio of 18.83 and a beta of 0.89. The company’s 50-day simple moving average is $204.27 and its 200 day simple moving average is $198.40.

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).