Envestnet Portfolio Solutions Inc. Has $325.30 Million Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Envestnet Portfolio Solutions Inc. raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 3,868,525 shares of the company’s stock after purchasing an additional 103,249 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 1.2% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 19th biggest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $325,304,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Schonfeld Strategic Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $748,000. Belpointe Asset Management LLC grew its stake in iShares Russell Mid-Cap ETF by 21.3% in the 3rd quarter. Belpointe Asset Management LLC now owns 3,697 shares of the company’s stock valued at $256,000 after buying an additional 650 shares during the last quarter. Comerica Bank bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $36,940,000. Fidelity D & D Bancorp Inc. acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter worth approximately $310,000. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 33.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 118,009 shares of the company’s stock worth $8,211,000 after acquiring an additional 29,803 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR traded up $0.80 during trading hours on Friday, reaching $83.39. 899,848 shares of the stock were exchanged, compared to its average volume of 1,257,590. The firm has a market capitalization of $34.45 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The stock’s fifty day simple moving average is $81.58 and its 200 day simple moving average is $80.29. iShares Russell Mid-Cap ETF has a 52 week low of $64.66 and a 52 week high of $84.33.

About iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.