PNC Financial Services Group Inc. Sells 2,340 Shares of iShares Russell 1000 Growth ETF $IWF

PNC Financial Services Group Inc. lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.1% in the third quarter, according to its most recent disclosure with the SEC. The firm 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 about 0.9% of PNC Financial Services Group Inc.’s holdings, making the stock its 13th largest position. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,456,985,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWF. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell 1000 Growth ETF by 6.0% in 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 purchasing an additional 411,172 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Russell 1000 Growth ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,285,390 shares of the exchange traded fund’s stock worth $2,244,071,000 after buying an additional 70,645 shares during the last quarter. Baird Financial Group Inc. raised its holdings in iShares Russell 1000 Growth ETF by 15.8% during the second 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 last quarter. M&T Bank Corp lifted its stake in shares of iShares Russell 1000 Growth ETF by 1.1% in the second quarter. M&T Bank Corp now owns 2,560,776 shares of the exchange traded fund’s stock valued at $1,087,303,000 after buying an additional 27,927 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 42,358.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,704,689 shares of the exchange traded fund’s stock valued at $723,777,000 after buying an additional 1,700,674 shares during the last quarter. Institutional investors own 75.33% of the company’s stock.

iShares Russell 1000 Growth ETF Price Performance

NYSEARCA:IWF opened at $447.17 on Friday. iShares Russell 1000 Growth ETF has a one year low of $308.67 and a one year high of $493.00. The company has a market cap of $115.01 billion, a PE ratio of 33.43 and a beta of 1.13. The firm has a 50-day moving average of $469.53 and a 200-day moving average of $465.20.

About iShares Russell 1000 Growth ETF

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.