Sequoia Financial Advisors LLC Increases Stock Holdings in iShares Russell 1000 Growth ETF $IWF

Sequoia Financial Advisors LLC lifted its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 323.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 123,391 shares of the exchange traded fund’s stock after purchasing an additional 94,275 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $15,321,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Roxbury Financial LLC lifted its position in shares of iShares Russell 1000 Growth ETF by 300.0% in the 2nd quarter. Roxbury Financial LLC now owns 216 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 162 shares during the period. MBM Wealth Consultants LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the 1st quarter worth approximately $28,000. Richards Merrill & Peterson Inc. raised its position in shares of iShares Russell 1000 Growth ETF by 76.9% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 30 shares during the last quarter. Byrne Asset Management LLC raised its holdings in iShares Russell 1000 Growth ETF by 300.0% in the second quarter. Byrne Asset Management LLC now owns 236 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 177 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Performance

Shares of NYSEARCA:IWF opened at $121.32 on Friday. The business has a 50-day simple moving average of $121.89 and a two-hundred day simple moving average of $119.05. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The firm has a market cap of $124.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.