Envestnet Portfolio Solutions Inc. Reduces Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Envestnet Portfolio Solutions Inc. decreased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,604,455 shares of the company’s stock after selling 229,507 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 0.8% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 27th largest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $222,506,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Belpointe Asset Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 0.8% in the 2nd quarter. Belpointe Asset Management LLC now owns 10,613 shares of the company’s stock worth $1,472,000 after buying an additional 82 shares during the last quarter. Investmark Advisory Group LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.5% in the first quarter. Investmark Advisory Group LLC now owns 5,821 shares of the company’s stock worth $684,000 after acquiring an additional 85 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 5.0% during the second quarter. Consolidated Portfolio Review Corp now owns 1,882 shares of the company’s stock valued at $261,000 after purchasing an additional 89 shares during the last quarter. WealthCare Investment Partners LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 2.0% during the second quarter. WealthCare Investment Partners LLC now owns 4,541 shares of the company’s stock valued at $636,000 after purchasing an additional 90 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 69.6% in the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 2.9%

NYSEARCA:IWP opened at $139.72 on Monday. The company has a market cap of $20.41 billion, a PE ratio of 30.48 and a beta of 1.10. The company has a 50 day simple moving average of $142.24 and a two-hundred day simple moving average of $133.88. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.50.

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).