PNC Financial Services Group Inc. Sells 135,471 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

PNC Financial Services Group Inc. lessened its holdings in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,099,121 shares of the exchange traded fund’s stock after selling 135,471 shares during the period. iShares Russell 1000 Growth ETF accounts for approximately 0.7% of PNC Financial Services Group Inc.’s holdings, making the stock its 25th biggest position. PNC Financial Services Group Inc. owned 1.21% of iShares Russell 1000 Growth ETF worth $852,816,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Loomis Sayles & Co. L P lifted its holdings in shares of iShares Russell 1000 Growth ETF by 34.1% during the first quarter. Loomis Sayles & Co. L P now owns 26,203 shares of the exchange traded fund’s stock valued at $7,275,000 after purchasing an additional 6,665 shares during the last quarter. Worth Asset Management LLC bought a new position in iShares Russell 1000 Growth ETF during the 1st quarter valued at approximately $42,000. International Assets Investment Management LLC raised its stake in iShares Russell 1000 Growth ETF by 11.6% during the first quarter. International Assets Investment Management LLC now owns 6,211 shares of the exchange traded fund’s stock valued at $1,724,000 after buying an additional 644 shares during the last quarter. West Michigan Advisors LLC boosted its holdings in iShares Russell 1000 Growth ETF by 3.7% in the first quarter. West Michigan Advisors LLC now owns 7,595 shares of the exchange traded fund’s stock worth $2,109,000 after acquiring an additional 272 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares Russell 1000 Growth ETF in the first quarter worth $33,422,000.

iShares Russell 1000 Growth ETF Stock Down 0.3 %

Shares of NYSEARCA:IWF traded down $0.84 on Tuesday, hitting $290.03. 112,844 shares of the company traded hands, compared to its average volume of 1,385,218. The company has a market cap of $73.99 billion, a PE ratio of 26.14 and a beta of 1.08. The stock has a 50 day simple moving average of $272.42 and a 200-day simple moving average of $270.94. iShares Russell 1000 Growth ETF has a 52 week low of $209.27 and a 52 week high of $291.46.

iShares Russell 1000 Growth ETF Profile

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.