Sequoia Financial Advisors LLC Acquires 94,275 Shares of iShares Russell 1000 Growth ETF $IWF

Sequoia Financial Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 323.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,391 shares of the exchange traded fund’s stock after acquiring 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 filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. Van Hulzen Asset Management LLC increased its position in iShares Russell 1000 Growth ETF by 299.6% in the second quarter. Van Hulzen Asset Management LLC now owns 2,170 shares of the exchange traded fund’s stock worth $269,000 after buying an additional 1,627 shares in the last quarter. Cahill Financial Advisors Inc. purchased a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at about $774,000. LBJ Family Wealth Advisors Ltd. lifted its position in shares of iShares Russell 1000 Growth ETF by 298.9% during the 2nd quarter. LBJ Family Wealth Advisors Ltd. now owns 376,386 shares of the exchange traded fund’s stock valued at $45,912,000 after buying an additional 282,032 shares in the last quarter. MCF Advisors LLC grew its stake in shares of iShares Russell 1000 Growth ETF by 286.2% during the 2nd quarter. MCF Advisors LLC now owns 145,499 shares of the exchange traded fund’s stock valued at $18,067,000 after acquiring an additional 107,828 shares during the period. Finally, Bienville Capital Management LLC bought a new position in shares of iShares Russell 1000 Growth ETF during the 2nd quarter valued at approximately $1,433,000. 75.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Trading Down 0.9%

iShares Russell 1000 Growth ETF stock opened at $121.32 on Friday. iShares Russell 1000 Growth ETF has a 12-month low of $102.23 and a 12-month high of $129.14. The firm has a market capitalization of $124.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.17. The firm has a 50 day moving average of $121.89 and a 200 day moving average of $119.05.

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.