PNC Financial Services Group Inc. Sells 30,618 Shares of iShares Russell Mid-Cap Value ETF $IWS

PNC Financial Services Group Inc. cut its position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,282,032 shares of the company’s stock after selling 30,618 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $180,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IWS. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Russell Mid-Cap Value ETF by 1,160.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock worth $502,865,000 after buying an additional 3,282,372 shares during the period. BNP Paribas Financial Markets raised its holdings in iShares Russell Mid-Cap Value ETF by 397.2% during the second quarter. BNP Paribas Financial Markets now owns 248,581 shares of the company’s stock valued at $32,847,000 after acquiring an additional 198,581 shares during the period. First Citizens Investor Services Inc. bought a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at about $19,665,000. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter valued at about $18,761,000. Finally, Allworth Financial LP boosted its stake in shares of iShares Russell Mid-Cap Value ETF by 2,432.2% in the fourth quarter. Allworth Financial LP now owns 116,762 shares of the company’s stock worth $16,469,000 after acquiring an additional 112,151 shares during the period. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Trading Up 1.3%

NYSEARCA:IWS opened at $156.64 on Thursday. iShares Russell Mid-Cap Value ETF has a 12-month low of $125.56 and a 12-month high of $159.71. The stock has a 50-day moving average price of $151.46 and a 200 day moving average price of $147.29. The stock has a market capitalization of $14.93 billion, a P/E ratio of 19.11 and a beta of 0.96.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.