PNC Financial Services Group Inc. Cuts Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

PNC Financial Services Group Inc. decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,658,038 shares of the company’s stock after selling 117,266 shares during the period. PNC Financial Services Group Inc. owned about 2.05% of iShares Russell Mid-Cap Growth ETF worth $311,761,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 10,532.1% in the second quarter. Strategic Financial Concepts LLC now owns 638,244 shares of the company’s stock worth $704,000 after acquiring an additional 632,241 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 442.4% during the 1st quarter. Cetera Investment Advisers now owns 391,146 shares of the company’s stock valued at $44,645,000 after purchasing an additional 319,037 shares during the period. International Assets Investment Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 10,150.1% during the 3rd quarter. International Assets Investment Management LLC now owns 220,582 shares of the company’s stock valued at $25,872,000 after purchasing an additional 218,430 shares during the last quarter. Congress Asset Management Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 122.8% in the 3rd quarter. Congress Asset Management Co. now owns 368,085 shares of the company’s stock worth $43,173,000 after purchasing an additional 202,880 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 97.1% in the second quarter. Hsbc Holdings PLC now owns 377,890 shares of the company’s stock worth $41,700,000 after buying an additional 186,170 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3 %

Shares of IWP stock opened at $128.39 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $94.69 and a 12 month high of $132.41. The stock has a market cap of $16.61 billion, a P/E ratio of 29.60 and a beta of 1.15. The company has a 50 day simple moving average of $120.29 and a two-hundred day simple moving average of $113.94.

iShares Russell Mid-Cap Growth ETF Profile

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).