Envestnet Portfolio Solutions Inc. Lowers Stock Position in iShares Russell Top 200 Value ETF $IWX

Envestnet Portfolio Solutions Inc. decreased its stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,907,301 shares of the company’s stock after selling 1,388,302 shares during the period. iShares Russell Top 200 Value ETF accounts for about 2.3% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 7th biggest position. Envestnet Portfolio Solutions Inc. owned about 0.14% of iShares Russell Top 200 Value ETF worth $516,052,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC increased its stake in shares of iShares Russell Top 200 Value ETF by 3.9% during the 2nd quarter. SVB Wealth LLC now owns 477,994 shares of the company’s stock worth $50,266,000 after purchasing an additional 18,046 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in iShares Russell Top 200 Value ETF by 4.9% in the second quarter. Integrated Wealth Concepts LLC now owns 55,107 shares of the company’s stock valued at $5,795,000 after purchasing an additional 2,557 shares during the last quarter. IFP Advisors Inc purchased a new position in iShares Russell Top 200 Value ETF in the second quarter valued at approximately $27,000. Waverly Advisors LLC grew its holdings in iShares Russell Top 200 Value ETF by 3.2% during the second quarter. Waverly Advisors LLC now owns 216,815 shares of the company’s stock valued at $22,800,000 after purchasing an additional 6,775 shares during the period. Finally, Operose Advisors LLC bought a new position in iShares Russell Top 200 Value ETF during the second quarter valued at $698,000.

iShares Russell Top 200 Value ETF Price Performance

Shares of IWX traded down $0.46 during mid-day trading on Wednesday, hitting $110.90. The stock had a trading volume of 143,099 shares, compared to its average volume of 306,193. iShares Russell Top 200 Value ETF has a 52 week low of $86.44 and a 52 week high of $113.95. The business has a fifty day moving average price of $111.34 and a 200-day moving average price of $104.16. The firm has a market cap of $3.86 billion, a P/E ratio of 19.39 and a beta of 0.77.

iShares Russell Top 200 Value ETF Profile

iShares Russell Top 200 Value ETF(the Fund), formerly iShares Russell Top 200 Value Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Value Index (the Value Index). The Value Index is a style factor weighted index that measures the performance of the largest-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Top 200 Index and measures the performance of equity securities of Russell Top 200 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.