Sequoia Financial Advisors LLC Has $11.75 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Sequoia Financial Advisors LLC grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,383 shares of the exchange traded fund’s stock after acquiring an additional 3,255 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $11,751,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter valued at $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $31,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Down 0.4%

Shares of IWM stock traded down $1.25 on Friday, reaching $295.99. The stock had a trading volume of 15,882,220 shares, compared to its average volume of 35,758,820. The firm’s 50-day moving average is $289.60 and its two-hundred day moving average is $269.86. The firm has a market capitalization of $82.29 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $302.72.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.