Valeo Financial Advisors LLC Sells 406 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Valeo Financial Advisors LLC trimmed its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,176 shares of the company’s stock after selling 406 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $4,567,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWB. SeaCrest Wealth Management LLC bought a new stake in shares of iShares Russell 1000 ETF in the 3rd quarter worth approximately $663,000. Global Retirement Partners LLC increased its stake in shares of iShares Russell 1000 ETF by 2.6% in the third quarter. Global Retirement Partners LLC now owns 2,969 shares of the company’s stock worth $934,000 after buying an additional 75 shares during the period. Claro Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 1,350.7% in the third quarter. Claro Advisors LLC now owns 9,981 shares of the company’s stock worth $3,138,000 after buying an additional 9,293 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of iShares Russell 1000 ETF by 0.6% in the third quarter. Stratos Wealth Partners LTD. now owns 36,421 shares of the company’s stock worth $11,450,000 after buying an additional 218 shares during the period. Finally, Stratos Wealth Advisors LLC increased its stake in shares of iShares Russell 1000 ETF by 0.6% in the third quarter. Stratos Wealth Advisors LLC now owns 8,046 shares of the company’s stock worth $2,530,000 after buying an additional 48 shares during the period.

iShares Russell 1000 ETF Stock Up 0.0 %

Shares of NYSEARCA IWB opened at $336.03 on Friday. iShares Russell 1000 ETF has a 52 week low of $271.54 and a 52 week high of $336.69. The firm’s fifty day moving average is $329.33 and its 200 day moving average is $318.57. The company has a market cap of $41.25 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01.

About iShares Russell 1000 ETF

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.