Axxcess Wealth Management LLC Has $1.14 Million Position in iShares Russell 1000 ETF (NYSEARCA:IWB)

Axxcess Wealth Management LLC grew its stake in iShares Russell 1000 ETF (NYSEARCA:IWB) by 4.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,959 shares of the company’s stock after purchasing an additional 177 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares Russell 1000 ETF were worth $1,140,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IWB. Raymond James & Associates boosted its stake in shares of iShares Russell 1000 ETF by 25.0% in the 4th quarter. Raymond James & Associates now owns 220,842 shares of the company’s stock valued at $57,918,000 after purchasing an additional 44,157 shares in the last quarter. Highland Capital Management LLC boosted its stake in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Highland Capital Management LLC now owns 9,604 shares of the company’s stock valued at $2,519,000 after purchasing an additional 315 shares in the last quarter. KM Capital Management Ltd. boosted its stake in shares of iShares Russell 1000 ETF by 13.9% in the 4th quarter. KM Capital Management Ltd. now owns 3,622 shares of the company’s stock valued at $950,000 after purchasing an additional 443 shares in the last quarter. Morton Capital Management LLC CA boosted its stake in shares of iShares Russell 1000 ETF by 2.2% in the 4th quarter. Morton Capital Management LLC CA now owns 5,022 shares of the company’s stock valued at $1,317,000 after purchasing an additional 107 shares in the last quarter. Finally, Evanson Asset Management LLC boosted its position in iShares Russell 1000 ETF by 1.0% during the 4th quarter. Evanson Asset Management LLC now owns 19,743 shares of the company’s stock worth $5,178,000 after buying an additional 186 shares during the period.

iShares Russell 1000 ETF Trading Up 1.1 %

NYSEARCA:IWB traded up $3.37 during mid-day trading on Friday, hitting $298.55. 453,652 shares of the company’s stock were exchanged, compared to its average volume of 797,771. The firm has a market capitalization of $36.65 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a fifty-two week low of $224.41 and a fifty-two week high of $309.61. The company has a 50 day simple moving average of $297.13 and a 200-day simple moving average of $284.55.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.