Envestnet Portfolio Solutions Inc. Sells 1,169,609 Shares of iShares Russell Mid-Cap Value ETF $IWS

Envestnet Portfolio Solutions Inc. lessened its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 29.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,775,076 shares of the company’s stock after selling 1,169,609 shares during the period. iShares Russell Mid-Cap Value ETF accounts for 1.3% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 19th largest holding. Envestnet Portfolio Solutions Inc. owned about 2.78% of iShares Russell Mid-Cap Value ETF worth $366,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Value ETF by 7.9% in the 1st quarter. Jones Financial Companies Lllp now owns 10,056,638 shares of the company’s stock valued at $1,258,208,000 after buying an additional 736,389 shares during the period. US Bancorp DE increased its stake in shares of iShares Russell Mid-Cap Value ETF by 2.4% in the 1st quarter. US Bancorp DE now owns 4,355,252 shares of the company’s stock valued at $548,652,000 after buying an additional 103,969 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 5.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,257,427 shares of the company’s stock valued at $284,368,000 after buying an additional 109,126 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of iShares Russell Mid-Cap Value ETF in the 1st quarter valued at $151,753,000. Finally, LPL Financial LLC increased its stake in shares of iShares Russell Mid-Cap Value ETF by 5.4% in the 1st quarter. LPL Financial LLC now owns 1,161,640 shares of the company’s stock valued at $146,332,000 after buying an additional 59,050 shares during the period. Institutional investors and hedge funds own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $135.66 on Monday. The stock has a fifty day moving average of $137.92 and a 200-day moving average of $131.26. The stock has a market capitalization of $13.71 billion, a P/E ratio of 19.11 and a beta of 1.08. iShares Russell Mid-Cap Value ETF has a 52 week low of $108.85 and a 52 week high of $141.68.

iShares Russell Mid-Cap Value ETF Company 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.