PNC Financial Services Group Inc. Lowers Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

PNC Financial Services Group Inc. decreased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,665,206 shares of the company’s stock after selling 22,331 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $313,135,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Revolve Wealth Partners LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 40.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,431 shares of the company’s stock valued at $435,000 after purchasing an additional 991 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 10.9% in the 4th quarter. National Bank of Canada FI now owns 5,324 shares of the company’s stock valued at $675,000 after purchasing an additional 523 shares in the last quarter. Nicolet Advisory Services LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 53.5% in the 4th quarter. Nicolet Advisory Services LLC now owns 5,487 shares of the company’s stock worth $697,000 after purchasing an additional 1,913 shares during the period. Finally, World Investment Advisors boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 124.6% during the fourth quarter. World Investment Advisors now owns 6,735 shares of the company’s stock valued at $854,000 after purchasing an additional 3,737 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.6%

Shares of NYSEARCA:IWP opened at $139.17 on Friday. The firm has a 50 day moving average of $137.21 and a 200 day moving average of $129.35. The company has a market capitalization of $19.39 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $143.83.

iShares Russell Mid-Cap Growth ETF Company Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).