PNC Financial Services Group Inc. Has $1.46 Billion Position in iShares Russell 1000 Growth ETF $IWF

PNC Financial Services Group Inc. cut its holdings in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,110,490 shares of the exchange traded fund’s stock after selling 2,340 shares during the period. iShares Russell 1000 Growth ETF makes up approximately 0.9% of PNC Financial Services Group Inc.’s portfolio, making the stock its 13th biggest position. PNC Financial Services Group Inc. owned approximately 1.20% of iShares Russell 1000 Growth ETF worth $1,456,985,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Laurel Wealth Advisors LLC increased its holdings in iShares Russell 1000 Growth ETF by 42,358.0% in the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock worth $723,777,000 after purchasing an additional 1,700,674 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 Growth ETF by 6.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,216,343 shares of the exchange traded fund’s stock worth $3,063,916,000 after buying an additional 411,172 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Growth ETF by 15.8% during the 2nd quarter. Baird Financial Group Inc. now owns 2,729,778 shares of the exchange traded fund’s stock worth $1,159,009,000 after buying an additional 372,064 shares during the period. HighTower Advisors LLC grew its position in shares of iShares Russell 1000 Growth ETF by 10.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,290,494 shares of the exchange traded fund’s stock worth $604,498,000 after buying an additional 120,069 shares during the period. Finally, Midwest Trust Co bought a new stake in shares of iShares Russell 1000 Growth ETF in the 2nd quarter valued at $47,564,000. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Stock Down 0.4%

iShares Russell 1000 Growth ETF stock opened at $447.17 on Friday. The company has a market capitalization of $115.01 billion, a PE ratio of 33.43 and a beta of 1.13. iShares Russell 1000 Growth ETF has a 12-month low of $308.67 and a 12-month high of $493.00. The firm’s fifty day moving average is $469.53 and its 200 day moving average is $465.20.

iShares Russell 1000 Growth ETF Company Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth. The index represents approximately 50% of the total market capitalization of the Russell 1000 Index.