PNC Financial Services Group Inc. Purchases 12,105 Shares of iShares Russell Mid-Cap Growth ETF $IWP

PNC Financial Services Group Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,457,673 shares of the company’s stock after acquiring an additional 12,105 shares during the period. PNC Financial Services Group Inc. owned approximately 1.68% of iShares Russell Mid-Cap Growth ETF worth $336,554,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Richards Merrill & Peterson Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $25,000. Beaird Harris Wealth Management LLC increased its position in iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the last quarter. Imprint Wealth LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at $29,000. Laurel Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $30,000. Finally, City State Bank bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $38,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.7%

NYSEARCA IWP opened at $135.00 on Wednesday. The company’s 50-day moving average price is $133.15 and its 200-day moving average price is $136.18. The stock has a market cap of $19.39 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $145.60.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.