PNC Financial Services Group Inc. Sells 12,477 Shares of iShares Russell 2000 Value ETF $IWN

PNC Financial Services Group Inc. decreased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,100,598 shares of the company’s stock after selling 12,477 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $208,662,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of IWN. Money Concepts Capital Corp bought a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $1,020,000. Kelsey Financial LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $2,789,000. Strategic Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $469,000. Summit Wealth Group LLC Co. bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $519,000. Finally, Blue Trust Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 43.3% in the 4th quarter. Blue Trust Inc. now owns 13,972 shares of the company’s stock worth $2,532,000 after buying an additional 4,223 shares during the last quarter. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $222.05 on Thursday. iShares Russell 2000 Value ETF has a one year low of $155.54 and a one year high of $224.42. The business’s fifty day moving average price is $216.29 and its 200-day moving average price is $203.69. The stock has a market capitalization of $14.42 billion, a PE ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Company Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.