Sequoia Financial Advisors LLC Sells 1,274 Shares of iShares Russell 1000 Growth ETF $IWF

Sequoia Financial Advisors LLC reduced its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 22,228 shares of the exchange traded fund’s stock after selling 1,274 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 Growth ETF were worth $9,438,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. MGO One Seven LLC lifted its holdings in iShares Russell 1000 Growth ETF by 2.1% during the 2nd quarter. MGO One Seven LLC now owns 8,140 shares of the exchange traded fund’s stock valued at $3,456,000 after purchasing an additional 165 shares during the last quarter. Bill Few Associates Inc. bought a new position in iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $244,000. Joel Adams & Associates Inc. lifted its holdings in iShares Russell 1000 Growth ETF by 106.2% during the 2nd quarter. Joel Adams & Associates Inc. now owns 1,619 shares of the exchange traded fund’s stock valued at $688,000 after purchasing an additional 834 shares during the last quarter. Sharp Financial Services LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 3.5% in the second quarter. Sharp Financial Services LLC now owns 3,404 shares of the exchange traded fund’s stock worth $1,445,000 after acquiring an additional 115 shares during the last quarter. Finally, CWM LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 6.0% in the second quarter. CWM LLC now owns 83,867 shares of the exchange traded fund’s stock worth $35,608,000 after acquiring an additional 4,735 shares during the last quarter. 75.33% of the stock is owned by institutional investors.

iShares Russell 1000 Growth ETF Trading Up 2.0%

Shares of NYSEARCA IWF opened at $468.58 on Tuesday. iShares Russell 1000 Growth ETF has a 1-year low of $308.67 and a 1-year high of $476.74. The company has a market cap of $121.34 billion, a PE ratio of 33.43 and a beta of 1.08. The company has a 50-day moving average of $456.04 and a two-hundred day moving average of $416.09.

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.