Axxcess Wealth Management LLC Trims Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Axxcess Wealth Management LLC lowered its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,577 shares of the exchange traded fund’s stock after selling 1,327 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,369,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. InterOcean Capital Group LLC grew its holdings in iShares Russell 1000 Value ETF by 11.0% in the 4th quarter. InterOcean Capital Group LLC now owns 6,706 shares of the exchange traded fund’s stock valued at $1,108,000 after buying an additional 667 shares during the period. Platform Technology Partners purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $244,000. Objectivity Squared LLC increased its position in iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares during the last quarter. Oarsman Capital Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $2,613,000. Finally, Wealth Dimensions Group Ltd. raised its stake in iShares Russell 1000 Value ETF by 6.9% during the fourth quarter. Wealth Dimensions Group Ltd. now owns 12,244 shares of the exchange traded fund’s stock worth $2,023,000 after purchasing an additional 795 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.0 %

Shares of NYSEARCA IWD opened at $187.65 on Wednesday. The stock has a market capitalization of $58.78 billion, a PE ratio of 17.81 and a beta of 0.77. The firm has a fifty day moving average of $182.11 and a 200-day moving average of $177.43. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $188.73.

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).