iShares Russell 1000 Growth ETF $IWF Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,057,823 shares of the exchange traded fund’s stock after selling 7,069 shares during the quarter. iShares Russell 1000 Growth ETF accounts for approximately 0.8% of PNC Financial Services Group Inc.’s portfolio, making the stock its 16th largest holding. PNC Financial Services Group Inc. owned 0.29% of iShares Russell 1000 Growth ETF worth $1,303,856,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC increased its stake in iShares Russell 1000 Growth ETF by 2.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 6,447 shares of the exchange traded fund’s stock valued at $2,589,000 after purchasing an additional 153 shares in the last quarter. Bison Wealth LLC boosted its position in iShares Russell 1000 Growth ETF by 20.5% during the fourth quarter. Bison Wealth LLC now owns 22,897 shares of the exchange traded fund’s stock worth $9,195,000 after purchasing an additional 3,888 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in iShares Russell 1000 Growth ETF by 24.9% during the second quarter. Schnieders Capital Management LLC. now owns 4,253 shares of the exchange traded fund’s stock worth $1,806,000 after purchasing an additional 849 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in iShares Russell 1000 Growth ETF by 55.5% in the second quarter. Russell Investments Group Ltd. now owns 3,378 shares of the exchange traded fund’s stock valued at $1,434,000 after purchasing an additional 1,205 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in iShares Russell 1000 Growth ETF by 70.3% in the second quarter. First Trust Advisors LP now owns 1,960 shares of the exchange traded fund’s stock valued at $832,000 after purchasing an additional 809 shares during the last quarter. 75.33% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Growth ETF Stock Up 1.6%

Shares of IWF stock opened at $121.33 on Wednesday. iShares Russell 1000 Growth ETF has a fifty-two week low of $102.23 and a fifty-two week high of $129.14. The stock has a market cap of $125.19 billion, a P/E ratio of 33.43 and a beta of 1.16. The business has a fifty day simple moving average of $123.14 and a 200-day simple moving average of $117.54.

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.