PNC Financial Services Group Inc. Has $690.51 Million Stake in iShares Russell 1000 Value ETF $IWD

PNC Financial Services Group Inc. cut its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,391,670 shares of the exchange traded fund’s stock after selling 21,123 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $690,510,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IWD. Clayton Financial Group LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $27,000. Advantage Trust Co bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $29,000. Access Investment Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $35,000. Clarity Asset Management Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $35,000. Finally, Davis Capital Management bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $38,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.7%

IWD opened at $223.71 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $226.39. The company has a fifty day moving average of $216.25 and a 200-day moving average of $207.37. The stock has a market cap of $69.70 billion, a PE ratio of 18.83 and a beta of 0.89.

About iShares Russell 1000 Value ETF

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.