iShares Russell Mid-Cap ETF $IWR Stock Position Cut by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,333,478 shares of the company’s stock after selling 164,229 shares during the period. iShares Russell Mid-Cap ETF makes up 0.7% of PNC Financial Services Group Inc.’s portfolio, making the stock its 22nd biggest position. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,199,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its position in shares of iShares Russell Mid-Cap ETF by 163.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after purchasing an additional 24,782 shares during the period. Argentarii LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $1,397,000. AE Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 7.5% during the fourth quarter. AE Wealth Management LLC now owns 308,358 shares of the company’s stock valued at $29,686,000 after buying an additional 21,572 shares in the last quarter. Shelton Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 27.2% during the fourth quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock valued at $7,589,000 after buying an additional 16,864 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its holdings in iShares Russell Mid-Cap ETF by 280.9% during the fourth quarter. DAVENPORT & Co LLC now owns 140,153 shares of the company’s stock worth $13,493,000 after acquiring an additional 103,353 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.5%

Shares of iShares Russell Mid-Cap ETF stock opened at $109.32 on Wednesday. iShares Russell Mid-Cap ETF has a 52 week low of $91.36 and a 52 week high of $111.43. The stock has a market cap of $56.75 billion, a PE ratio of 21.00 and a beta of 1.00. The company’s 50-day moving average price is $107.97 and its two-hundred day moving average price is $103.27.

About iShares Russell Mid-Cap ETF

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.