Envestnet Portfolio Solutions Inc. Sells 33,332 Shares of iShares Russell 1000 ETF $IWB

Envestnet Portfolio Solutions Inc. decreased its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 22.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,304 shares of the company’s stock after selling 33,332 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 ETF were worth $46,398,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Security National Bank of Sioux City Iowa IA purchased a new position in iShares Russell 1000 ETF in the 2nd quarter worth about $98,000. Tidal Investments LLC boosted its position in iShares Russell 1000 ETF by 4.8% in the 2nd quarter. Tidal Investments LLC now owns 19,793 shares of the company’s stock valued at $8,105,000 after buying an additional 910 shares during the period. MCF Advisors LLC boosted its position in iShares Russell 1000 ETF by 127.6% in the 2nd quarter. MCF Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 37 shares during the period. Integrated Wealth Concepts LLC grew its stake in iShares Russell 1000 ETF by 7.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 70,239 shares of the company’s stock worth $28,763,000 after acquiring an additional 4,981 shares in the last quarter. Finally, RFG Advisory LLC grew its stake in iShares Russell 1000 ETF by 7.3% in the 2nd quarter. RFG Advisory LLC now owns 1,626 shares of the company’s stock worth $666,000 after acquiring an additional 110 shares in the last quarter.

iShares Russell 1000 ETF Price Performance

Shares of NYSEARCA:IWB traded down $3.10 during trading on Wednesday, reaching $419.35. 255,958 shares of the company were exchanged, compared to its average volume of 1,064,379. The firm has a market capitalization of $49.29 billion, a PE ratio of 24.71 and a beta of 1.00. The business’s fifty day simple moving average is $416.37 and its 200-day simple moving average is $399.69. iShares Russell 1000 ETF has a 12-month low of $345.21 and a 12-month high of $426.92.

About iShares Russell 1000 ETF

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.