PNC Financial Services Group Inc. Has $627.03 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,386,955 shares of the exchange traded fund’s stock after acquiring an additional 139,689 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.08% of iShares Russell 1000 Value ETF worth $627,027,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IWD. Raymond James Financial Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $972,637,000. BNP Paribas Financial Markets boosted its holdings in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after acquiring an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares in the last quarter. Equity Investment Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 291.7% during the 4th quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock valued at $81,426,000 after acquiring an additional 327,537 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 13.6% during the 4th quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after acquiring an additional 299,280 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.6 %

NYSEARCA IWD opened at $189.67 on Friday. The company has a market cap of $61.01 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The business’s fifty day moving average is $191.17 and its 200 day moving average is $190.59.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).