iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Bought by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 268,699 shares of the exchange traded fund’s stock after buying an additional 31,785 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.08% of iShares Russell 1000 Value ETF worth $50,558,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GKV Capital Management Co. Inc. purchased a new stake in iShares Russell 1000 Value ETF in the first quarter valued at approximately $27,000. Ameriflex Group Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $29,000. Transce3nd LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Whipplewood Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the first quarter valued at approximately $33,000. Finally, Dakota Community Bank & Trust NA acquired a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $36,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.3%

NYSEARCA:IWD opened at $198.66 on Friday. The firm has a market cap of $62.70 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock’s 50 day simple moving average is $194.61 and its 200-day simple moving average is $189.37. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $200.42.

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).