Valeo Financial Advisors LLC Acquires 2,139 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Valeo Financial Advisors LLC increased its stake in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 10.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,240 shares of the company’s stock after buying an additional 2,139 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $6,694,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWB. Jones Financial Companies Lllp grew its stake in shares of iShares Russell 1000 ETF by 2.8% during the fourth quarter. Jones Financial Companies Lllp now owns 8,379,815 shares of the company’s stock valued at $2,197,690,000 after purchasing an additional 227,252 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 ETF by 3.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,512,821 shares of the company’s stock valued at $1,183,533,000 after buying an additional 146,971 shares during the period. M&T Bank Corp increased its stake in shares of iShares Russell 1000 ETF by 1.1% in the 4th quarter. M&T Bank Corp now owns 2,954,718 shares of the company’s stock valued at $774,904,000 after buying an additional 31,595 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares Russell 1000 ETF by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,427,248 shares of the company’s stock worth $374,310,000 after acquiring an additional 30,635 shares during the last quarter. Finally, Johnson Investment Counsel Inc. lifted its stake in shares of iShares Russell 1000 ETF by 2.1% during the fourth quarter. Johnson Investment Counsel Inc. now owns 1,225,799 shares of the company’s stock valued at $321,478,000 after acquiring an additional 25,434 shares during the period.

iShares Russell 1000 ETF Stock Up 0.4 %

IWB stock traded up $1.12 during midday trading on Wednesday, reaching $301.29. The stock had a trading volume of 372,541 shares, compared to its average volume of 810,064. The firm has a market cap of $36.98 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a twelve month low of $224.41 and a twelve month high of $301.60. The business has a fifty day simple moving average of $290.02 and a two-hundred day simple moving average of $279.57.

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.