Envestnet Portfolio Solutions Inc. Has $6.57 Million Position in iShares Russell 2000 Growth ETF $IWO

Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 24.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,335 shares of the exchange traded fund’s stock after buying an additional 3,936 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.05% of iShares Russell 2000 Growth ETF worth $6,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Stronghold Wealth Management L.L.C. acquired a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $1,697,000. Intrua Financial LLC acquired a new stake in iShares Russell 2000 Growth ETF during the 4th quarter valued at approximately $1,892,000. Sapient Capital LLC increased its position in iShares Russell 2000 Growth ETF by 25.6% during the 4th quarter. Sapient Capital LLC now owns 1,039 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 212 shares during the period. Rossmore Private Capital increased its position in iShares Russell 2000 Growth ETF by 275.7% during the 4th quarter. Rossmore Private Capital now owns 864 shares of the exchange traded fund’s stock valued at $279,000 after purchasing an additional 634 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares Russell 2000 Growth ETF by 9.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137,652 shares of the exchange traded fund’s stock valued at $44,463,000 after purchasing an additional 11,447 shares during the period. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

NYSEARCA:IWO opened at $363.17 on Thursday. The company has a market capitalization of $14.05 billion, a PE ratio of 21.86 and a beta of 1.19. The company has a 50 day simple moving average of $339.71 and a two-hundred day simple moving average of $334.52. iShares Russell 2000 Growth ETF has a fifty-two week low of $262.24 and a fifty-two week high of $375.70.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.