Envestnet Portfolio Solutions Inc. Boosts Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 29.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,046,878 shares of the company’s stock after acquiring an additional 919,370 shares during the quarter. iShares Russell Mid-Cap Value ETF comprises approximately 1.9% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 11th largest holding. Envestnet Portfolio Solutions Inc. owned about 3.63% of iShares Russell Mid-Cap Value ETF worth $507,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mitchell Sinkler & Starr PA purchased a new stake in iShares Russell Mid-Cap Value ETF in the fourth quarter valued at approximately $26,000. Able Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Value ETF in the 4th quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares Russell Mid-Cap Value ETF during the 4th quarter worth $29,000. LifeSteps Financial Inc. purchased a new position in iShares Russell Mid-Cap Value ETF during the 1st quarter worth $38,000. Finally, Palisade Asset Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF during the 1st quarter worth $39,000.

iShares Russell Mid-Cap Value ETF Stock Up 1.0 %

IWS traded up $1.20 on Friday, hitting $124.28. 210,490 shares of the company traded hands, compared to its average volume of 460,137. iShares Russell Mid-Cap Value ETF has a 12-month low of $97.40 and a 12-month high of $125.64. The company has a 50 day moving average of $121.76 and a 200-day moving average of $119.59. The stock has a market capitalization of $13.01 billion, a PE ratio of 17.15 and a beta of 0.97.

iShares Russell Mid-Cap Value ETF Profile

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