Envestnet Portfolio Solutions Inc. Sells 331 Shares of iShares Russell 2000 Growth ETF $IWO

Envestnet Portfolio Solutions Inc. decreased its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 2.0% during the second quarter, HoldingsChannel reports. The firm owned 16,274 shares of the exchange traded fund’s stock after selling 331 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $4,652,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. WPG Advisers LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter valued at approximately $34,000. Dagco Inc. bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter valued at approximately $38,000. Wealth Preservation Advisors LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter valued at approximately $55,000. Finally, Kestra Investment Management LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the first quarter valued at approximately $56,000. Institutional investors own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Up 1.4%

NYSEARCA:IWO opened at $335.00 on Thursday. iShares Russell 2000 Growth ETF has a 12 month low of $219.19 and a 12 month high of $337.26. The firm has a market cap of $13.50 billion, a price-to-earnings ratio of 21.86 and a beta of 1.15. The company’s 50 day moving average is $312.65 and its 200-day moving average is $284.99.

iShares Russell 2000 Growth ETF Profile

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.