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

Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 24.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,335 shares of the exchange traded fund’s stock after acquiring an additional 3,936 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $6,568,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC acquired a new position in shares of iShares Russell 2000 Growth ETF during the 3rd quarter valued at $26,000. Caitlin John LLC bought a new position in iShares Russell 2000 Growth ETF in the third quarter worth approximately $31,000. Reyes Financial Architecture Inc. bought a new position in iShares Russell 2000 Growth ETF in the third quarter worth approximately $32,000. Ransom Advisory Ltd bought a new position in iShares Russell 2000 Growth ETF in the fourth quarter worth approximately $32,000. Finally, Dunhill Financial LLC boosted its holdings in iShares Russell 2000 Growth ETF by 362.5% in the fourth quarter. Dunhill Financial LLC now owns 148 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Performance

Shares of NYSEARCA:IWO opened at $363.17 on Thursday. The business’s 50 day simple moving average is $339.71 and its two-hundred day simple moving average is $334.52. The firm has a market cap of $14.05 billion, a P/E ratio of 21.86 and a beta of 1.19. iShares Russell 2000 Growth ETF has a 52-week low of $262.24 and a 52-week high of $375.70.

About iShares Russell 2000 Growth ETF

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.