Envestnet Asset Management Inc. Has $858.91 Million Position in iShares Russell Mid-Cap Growth ETF $IWP

Envestnet Asset Management Inc. grew its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,866,456 shares of the company’s stock after purchasing an additional 93,924 shares during the quarter. Envestnet Asset Management Inc. owned approximately 4.18% of iShares Russell Mid-Cap Growth ETF worth $858,908,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Orin Green Financial LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.9% during the 1st quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock worth $1,123,000 after buying an additional 80 shares during the period. Bedel Financial Consulting Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% in the 2nd quarter. Bedel Financial Consulting Inc. now owns 7,276 shares of the company’s stock valued at $1,065,000 after acquiring an additional 87 shares during the period. BlueChip Wealth Advisors LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 2.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 3,812 shares of the company’s stock worth $488,000 after acquiring an additional 88 shares during the last quarter. LifePlan Investment Advisors Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 2.9% during the second quarter. LifePlan Investment Advisors Inc. now owns 3,086 shares of the company’s stock worth $452,000 after acquiring an additional 88 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.4% during the second quarter. Annex Advisory Services LLC now owns 6,696 shares of the company’s stock worth $980,000 after acquiring an additional 91 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.8%

Shares of NYSEARCA:IWP traded down $1.05 during trading on Wednesday, reaching $138.85. 471,964 shares of the stock were exchanged, compared to its average volume of 880,811. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29. The stock has a 50-day moving average price of $140.21 and a 200-day moving average price of $138.03. The firm has a market cap of $19.51 billion, a PE ratio of 30.48 and a beta of 1.12.

iShares Russell Mid-Cap Growth ETF Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.