Envestnet Portfolio Solutions Inc. Has $487.45 Million Stake in iShares Russell Top 200 Value ETF (NYSEARCA:IWX)

Envestnet Portfolio Solutions Inc. decreased its position in iShares Russell Top 200 Value ETF (NYSEARCA:IWX) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,167,862 shares of the company’s stock after selling 687,053 shares during the quarter. iShares Russell Top 200 Value ETF comprises 1.6% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 18th largest holding. Envestnet Portfolio Solutions Inc. owned 0.21% of iShares Russell Top 200 Value ETF worth $487,446,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC bought a new stake in iShares Russell Top 200 Value ETF in the third quarter worth approximately $63,834,000. SVB Wealth LLC boosted its holdings in iShares Russell Top 200 Value ETF by 202.0% in the fourth quarter. SVB Wealth LLC now owns 717,934 shares of the company’s stock worth $56,738,000 after purchasing an additional 480,181 shares in the last quarter. World Investment Advisors LLC bought a new stake in iShares Russell Top 200 Value ETF in the third quarter worth $23,618,000. MML Investors Services LLC raised its holdings in iShares Russell Top 200 Value ETF by 220.3% during the third quarter. MML Investors Services LLC now owns 192,556 shares of the company’s stock valued at $15,649,000 after buying an additional 132,437 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares Russell Top 200 Value ETF during the fourth quarter valued at about $8,065,000.

iShares Russell Top 200 Value ETF Stock Performance

Shares of IWX stock opened at $81.07 on Friday. The stock’s 50 day simple moving average is $82.41 and its 200 day simple moving average is $81.77. iShares Russell Top 200 Value ETF has a twelve month low of $72.40 and a twelve month high of $85.39. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 20.09 and a beta of 0.88.

About iShares Russell Top 200 Value ETF

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.