iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.5% in the 3rd quarter, Holdings Channel reports. The firm owned 13,509,371 shares of the company’s stock after selling 210,189 shares during the period. iShares Russell Mid-Cap ETF comprises about 0.8% of PNC Financial Services Group Inc.’s portfolio, making the stock its 19th largest holding. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,190,716,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paladin Advisory Group LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the second quarter worth $27,000. Future Financial Wealth Managment LLC acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $30,000. Sage Mountain Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after acquiring an additional 136 shares in the last quarter. Beaird Harris Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap ETF during the first quarter worth about $40,000. Finally, Cultivar Capital Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth about $41,000.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $91.58 on Tuesday. iShares Russell Mid-Cap ETF has a one year low of $70.72 and a one year high of $93.85. The firm has a 50 day simple moving average of $88.66 and a 200-day simple moving average of $84.79. The firm has a market cap of $37.83 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

iShares Russell Mid-Cap ETF Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.