Valeo Financial Advisors LLC Buys 1,302 Shares of iShares Russell 1000 ETF $IWB

Valeo Financial Advisors LLC raised its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.8% in the second quarter, HoldingsChannel.com reports. The firm owned 13,345 shares of the company’s stock after purchasing an additional 1,302 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $5,465,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IWB. REAP Financial Group LLC bought a new stake in shares of iShares Russell 1000 ETF in the 4th quarter valued at $28,000. Sound Income Strategies LLC bought a new position in iShares Russell 1000 ETF during the first quarter worth $28,000. Advocate Investing Services LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter worth $31,000. Optima Capital LLC bought a new position in iShares Russell 1000 ETF during the fourth quarter worth $32,000. Finally, Wagner Wealth Management LLC acquired a new position in iShares Russell 1000 ETF in the first quarter valued at $32,000.

iShares Russell 1000 ETF Trading Up 0.7%

Shares of IWB opened at $423.44 on Friday. The stock has a market capitalization of $50.05 billion, a P/E ratio of 24.71 and a beta of 1.00. The firm’s fifty day simple moving average is $408.60 and its two-hundred day simple moving average is $389.98. iShares Russell 1000 ETF has a 12 month low of $345.21 and a 12 month high of $424.94.

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.