Envestnet Portfolio Solutions Inc. Has $1.31 Billion Stake in iShares Russell Top 200 Growth ETF $IWY

Envestnet Portfolio Solutions Inc. decreased its position in shares of iShares Russell Top 200 Growth ETF (NYSEARCA:IWY) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,793,792 shares of the company’s stock after selling 234,049 shares during the period. iShares Russell Top 200 Growth ETF accounts for about 4.8% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 2nd largest holding. Envestnet Portfolio Solutions Inc. owned 7.96% of iShares Russell Top 200 Growth ETF worth $1,311,821,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IWY. CENTRAL TRUST Co acquired a new position in shares of iShares Russell Top 200 Growth ETF during the 2nd quarter valued at $25,000. TruNorth Capital Management LLC acquired a new position in iShares Russell Top 200 Growth ETF during the third quarter worth about $25,000. Bfsg LLC acquired a new position in iShares Russell Top 200 Growth ETF during the third quarter worth about $25,000. Vermillion Wealth Management Inc. bought a new stake in iShares Russell Top 200 Growth ETF in the third quarter worth about $31,000. Finally, Root Financial Partners LLC acquired a new stake in iShares Russell Top 200 Growth ETF in the 3rd quarter valued at about $34,000.

iShares Russell Top 200 Growth ETF Trading Up 0.7%

NYSEARCA:IWY opened at $271.53 on Friday. The company has a 50-day moving average of $276.03 and a 200-day moving average of $269.21. The firm has a market cap of $16.21 billion, a price-to-earnings ratio of 35.13 and a beta of 1.12. iShares Russell Top 200 Growth ETF has a twelve month low of $180.65 and a twelve month high of $288.99.

iShares Russell Top 200 Growth ETF Profile

iShares Russell Top 200 Growth ETF (the Fund), formerly iShares Russell Top 200 Growth Index Fund, seeks investment results that correspond generally to the price and yield performance of the Russell Top 200 Growth Index (the Growth Index). The Growth Index is a style factor weighted index that measures the performance of the largest capitalization growth sector of the United States equity market. The Fund invests in a representative sample of securities included in the Growth Index that collectively has an investment profile similar to the Growth Index.