PNC Financial Services Group Inc. Has $662.87 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,412,793 shares of the exchange traded fund’s stock after purchasing an additional 57,638 shares during the period. PNC Financial Services Group Inc. owned about 1.08% of iShares Russell 1000 Value ETF worth $662,867,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. JFG Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 78.8% during the 2nd quarter. JFG Wealth Management LLC now owns 12,165 shares of the exchange traded fund’s stock valued at $2,363,000 after acquiring an additional 5,361 shares during the period. Advyzon Investment Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 68.1% in the second quarter. Advyzon Investment Management LLC now owns 1,084 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 439 shares during the period. VeraBank N.A. raised its stake in iShares Russell 1000 Value ETF by 1.9% in the second quarter. VeraBank N.A. now owns 6,485 shares of the exchange traded fund’s stock valued at $1,260,000 after purchasing an additional 122 shares in the last quarter. Verus Capital Partners LLC lifted its position in iShares Russell 1000 Value ETF by 89.0% during the second quarter. Verus Capital Partners LLC now owns 2,094 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 986 shares during the period. Finally, Fund Evaluation Group LLC grew its stake in iShares Russell 1000 Value ETF by 347.9% during the second quarter. Fund Evaluation Group LLC now owns 102,939 shares of the exchange traded fund’s stock worth $19,994,000 after buying an additional 79,954 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $207.25 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $207.58. The stock has a market capitalization of $65.93 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company’s 50 day simple moving average is $203.47 and its 200 day simple moving average is $196.66.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).