Envestnet Portfolio Solutions Inc. Has $198.04 Million Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Envestnet Portfolio Solutions Inc. cut its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 17.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,352,671 shares of the company’s stock after selling 294,918 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for about 0.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 26th biggest position. Envestnet Portfolio Solutions Inc. owned approximately 0.96% of iShares Russell Mid-Cap Growth ETF worth $198,045,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Krilogy Financial LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 8.6% in the 1st quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock valued at $41,402,000 after buying an additional 24,345 shares during the last quarter. Savant Capital LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 14.9% during the fourth quarter. Savant Capital LLC now owns 40,138 shares of the company’s stock worth $5,497,000 after acquiring an additional 5,194 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.4% during the first quarter. Kestra Private Wealth Services LLC now owns 157,268 shares of the company’s stock valued at $20,149,000 after acquiring an additional 9,429 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,404,920 shares of the company’s stock valued at $192,390,000 after acquiring an additional 76,721 shares during the period. Finally, Bryn Mawr Trust Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 190.4% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock valued at $1,898,000 after acquiring an additional 9,712 shares during the period. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Down 0.8%

iShares Russell Mid-Cap Growth ETF stock traded down $1.05 during mid-day trading on Wednesday, hitting $138.85. The stock had a trading volume of 471,964 shares, compared to its average volume of 880,811. The stock has a 50-day simple moving average of $140.21 and a two-hundred day simple moving average of $138.03. The stock has a market capitalization of $19.51 billion, a PE ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29.

iShares Russell Mid-Cap Growth ETF Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.