Sequoia Financial Advisors LLC Purchases 1,786 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

Sequoia Financial Advisors LLC grew its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,580 shares of the company’s stock after acquiring an additional 1,786 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 ETF were worth $25,333,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IWB. LRI Investments LLC bought a new position in iShares Russell 1000 ETF in the 1st quarter valued at about $27,000. Transcendent Capital Group LLC increased its stake in iShares Russell 1000 ETF by 76.4% in the second quarter. Transcendent Capital Group LLC now owns 97 shares of the company’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Sound Income Strategies LLC raised its position in iShares Russell 1000 ETF by 239.3% during the third quarter. Sound Income Strategies LLC now owns 95 shares of the company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Winch Advisory Services LLC bought a new stake in iShares Russell 1000 ETF during the third quarter worth $30,000. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Russell 1000 ETF by 176.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 119 shares of the company’s stock valued at $35,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 1000 ETF Stock Down 0.4 %

Shares of IWB traded down $1.17 during midday trading on Tuesday, hitting $318.85. The company’s stock had a trading volume of 325,526 shares, compared to its average volume of 803,009. iShares Russell 1000 ETF has a one year low of $224.41 and a one year high of $321.24. The stock has a market capitalization of $39.14 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s fifty day simple moving average is $309.37 and its two-hundred day simple moving average is $297.68.

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.