Envestnet Portfolio Solutions Inc. Sells 40,026 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Envestnet Portfolio Solutions Inc. cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 987,983 shares of the exchange traded fund’s stock after selling 40,026 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.7% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 29th largest holding. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 2000 ETF were worth $200,452,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lyell Wealth Management LP increased its position in shares of iShares Russell 2000 ETF by 2.1% in the fourth quarter. Lyell Wealth Management LP now owns 14,165 shares of the exchange traded fund’s stock worth $2,843,000 after purchasing an additional 288 shares during the last quarter. American International Group Inc. boosted its stake in iShares Russell 2000 ETF by 315.1% in the fourth quarter. American International Group Inc. now owns 44,000 shares of the exchange traded fund’s stock worth $8,831,000 after buying an additional 33,400 shares in the last quarter. Cassady Schiller Wealth Management LLC boosted its stake in iShares Russell 2000 ETF by 6.0% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 1,145 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 65 shares in the last quarter. SWP Financial LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth approximately $381,000. Finally, Baird Financial Group Inc. boosted its stake in iShares Russell 2000 ETF by 6.6% in the fourth quarter. Baird Financial Group Inc. now owns 1,109,790 shares of the exchange traded fund’s stock worth $222,746,000 after buying an additional 68,342 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 0.6 %

IWM traded down $1.30 during midday trading on Wednesday, hitting $206.67. The stock had a trading volume of 25,296,967 shares, compared to its average volume of 34,649,328. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $228.63. The business has a fifty day moving average of $207.97 and a 200 day moving average of $204.19.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.