Envestnet Portfolio Solutions Inc. Has $321.62 Million Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,966,679 shares of the company’s stock after acquiring an additional 98,154 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 1.1% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 21st biggest position. Envestnet Portfolio Solutions Inc. owned 0.96% of iShares Russell Mid-Cap ETF worth $321,618,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWR. Pathstone Holdings LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $157,496,000. Baird Financial Group Inc. increased its position in iShares Russell Mid-Cap ETF by 28.3% in the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after acquiring an additional 1,722,388 shares during the period. Cetera Investment Advisers increased its position in iShares Russell Mid-Cap ETF by 849.0% in the 1st quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock valued at $100,300,000 after acquiring an additional 1,067,086 shares during the period. Jones Financial Companies Lllp raised its stake in shares of iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock valued at $1,585,660,000 after acquiring an additional 695,205 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the first quarter worth $38,875,000.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR traded up $0.14 on Wednesday, reaching $82.84. The company had a trading volume of 1,453,379 shares, compared to its average volume of 1,287,556. The firm has a market cap of $34.22 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $64.66 and a fifty-two week high of $85.86. The business has a 50 day moving average of $82.05 and a two-hundred day moving average of $81.35.

iShares Russell Mid-Cap ETF Profile

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.