Sequoia Financial Advisors LLC Increases Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Sequoia Financial Advisors LLC lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,765 shares of the exchange traded fund’s stock after acquiring an additional 10,634 shares during the period. iShares Russell 2000 ETF accounts for about 1.5% of Sequoia Financial Advisors LLC’s holdings, making the stock its 14th biggest position. Sequoia Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $27,526,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Costello Asset Management INC purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth approximately $29,000. Larson Financial Group LLC lifted its holdings in shares of iShares Russell 2000 ETF by 309.9% during the second quarter. Larson Financial Group LLC now owns 4,124 shares of the exchange traded fund’s stock worth $590,000 after purchasing an additional 3,118 shares during the period. IFP Advisors Inc lifted its holdings in shares of iShares Russell 2000 ETF by 499.4% during the second quarter. IFP Advisors Inc now owns 43,471 shares of the exchange traded fund’s stock worth $6,130,000 after purchasing an additional 36,218 shares during the period. StoneX Group Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 26.2% during the second quarter. StoneX Group Inc. now owns 3,454 shares of the exchange traded fund’s stock worth $495,000 after purchasing an additional 717 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares Russell 2000 ETF by 14.5% during the second quarter. Bank of New York Mellon Corp now owns 1,740,739 shares of the exchange traded fund’s stock worth $249,240,000 after purchasing an additional 220,474 shares during the period.

Shares of NYSEARCA IWM traded down $4.14 during mid-day trading on Monday, hitting $158.93. 3,504,949 shares of the company were exchanged, compared to its average volume of 30,802,711. The stock has a 50 day simple moving average of $154.55 and a 200-day simple moving average of $143.50. iShares Russell 2000 ETF has a 1-year low of $95.69 and a 1-year high of $170.56.

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.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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