Valeo Financial Advisors LLC Buys 3,661 Shares of iShares Russell 1000 ETF $IWB

Valeo Financial Advisors LLC increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 36.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,765 shares of the company’s stock after purchasing an additional 3,661 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $4,674,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Quadrant Private Wealth Management LLC grew its stake in shares of iShares Russell 1000 ETF by 137.6% during the first quarter. Quadrant Private Wealth Management LLC now owns 1,604 shares of the company’s stock valued at $492,000 after purchasing an additional 929 shares during the last quarter. Diversified Enterprises LLC bought a new stake in shares of iShares Russell 1000 ETF during the second quarter valued at approximately $229,000. Sowell Financial Services LLC bought a new stake in shares of iShares Russell 1000 ETF during the first quarter valued at approximately $598,000. Beacon Capital Management LLC grew its stake in shares of iShares Russell 1000 ETF by 10.5% during the second quarter. Beacon Capital Management LLC now owns 389 shares of the company’s stock valued at $132,000 after purchasing an additional 37 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC grew its stake in shares of iShares Russell 1000 ETF by 14.3% during the first quarter. Capital Advisors Wealth Management LLC now owns 1,301 shares of the company’s stock valued at $399,000 after purchasing an additional 163 shares during the last quarter.

iShares Russell 1000 ETF Price Performance

IWB opened at $368.84 on Tuesday. iShares Russell 1000 ETF has a one year low of $264.17 and a one year high of $369.35. The company’s 50 day simple moving average is $356.48 and its 200-day simple moving average is $332.48. The stock has a market capitalization of $43.93 billion, a P/E ratio of 24.71 and a beta of 1.01.

iShares Russell 1000 ETF 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.