PNC Financial Services Group Inc. Sells 29,202 Shares of iShares Russell Mid-Cap Value ETF $IWS

PNC Financial Services Group Inc. trimmed its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.2% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,312,650 shares of the company’s stock after selling 29,202 shares during the quarter. PNC Financial Services Group Inc. owned about 1.32% of iShares Russell Mid-Cap Value ETF worth $183,338,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IWS. Clearstead Trust LLC bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the second quarter worth approximately $25,000. Clean Yield Group bought a new stake in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth approximately $25,000. Westside Investment Management Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 108.3% during the 2nd quarter. Westside Investment Management Inc. now owns 200 shares of the company’s stock valued at $27,000 after buying an additional 104 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth $29,000. Finally, Rossmore Private Capital purchased a new stake in iShares Russell Mid-Cap Value ETF during the third quarter valued at $29,000. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of NYSEARCA:IWS opened at $152.27 on Monday. The stock’s 50-day simple moving average is $145.98 and its two-hundred day simple moving average is $140.95. The stock has a market capitalization of $15.14 billion, a price-to-earnings ratio of 19.11 and a beta of 1.02. iShares Russell Mid-Cap Value ETF has a 52-week low of $108.85 and a 52-week high of $154.26.

About iShares Russell Mid-Cap Value ETF

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.