Brandywine Global Investment Management LLC Boosts Position in iShares Russell 1000 Value ETF $IWD

Brandywine Global Investment Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 242,573 shares of the exchange traded fund’s stock after acquiring an additional 41,803 shares during the period. Brandywine Global Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $51,023,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after purchasing an additional 85,365 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares Russell 1000 Value ETF by 3.8% in the fourth quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the last quarter. Raymond James Financial Inc. grew its position in iShares Russell 1000 Value ETF by 3.5% during the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after purchasing an additional 176,135 shares during the period. Northern Trust Corp grew its position in iShares Russell 1000 Value ETF by 3.4% during the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after purchasing an additional 162,782 shares during the period. Finally, M&T Bank Corp raised its stake in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock valued at $796,147,000 after buying an additional 32,694 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $236.42 on Monday. The stock has a market cap of $75.94 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50-day simple moving average of $228.38 and a 200-day simple moving average of $220.26. iShares Russell 1000 Value ETF has a 52-week low of $188.55 and a 52-week high of $241.35.

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.