Envestnet Portfolio Solutions Inc. Grows Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,028,009 shares of the exchange traded fund’s stock after purchasing an additional 13,439 shares during the quarter. iShares Russell 2000 ETF makes up 0.8% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 27th biggest holding. Envestnet Portfolio Solutions Inc. owned approximately 0.35% of iShares Russell 2000 ETF worth $216,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of IWM. Allen Mooney & Barnes Investment Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $259,000. GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in iShares Russell 2000 ETF in the third quarter valued at $643,000. Deutsche Bank AG raised its stake in iShares Russell 2000 ETF by 30.7% in the third quarter. Deutsche Bank AG now owns 338,045 shares of the exchange traded fund’s stock valued at $59,746,000 after buying an additional 79,417 shares in the last quarter. Harvest Investment Advisors LLC lifted its holdings in iShares Russell 2000 ETF by 1.0% during the 3rd quarter. Harvest Investment Advisors LLC now owns 31,888 shares of the exchange traded fund’s stock worth $5,636,000 after buying an additional 323 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in iShares Russell 2000 ETF by 21.6% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 20,727 shares of the exchange traded fund’s stock worth $3,681,000 after buying an additional 3,677 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 1.2 %

Shares of IWM traded up $2.46 during mid-day trading on Friday, reaching $213.14. The company’s stock had a trading volume of 49,612,625 shares, compared to its average volume of 33,211,996. iShares Russell 2000 ETF has a 12-month low of $161.67 and a 12-month high of $214.94. The company’s 50 day moving average is $203.49 and its 200 day moving average is $201.06.

About iShares Russell 2000 ETF

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.