iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,434,200 shares of the company’s stock after selling 23,473 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.69% of iShares Russell Mid-Cap Growth ETF worth $311,870,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IWP. Revolve Wealth Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after buying an additional 1,074 shares during the period. First Trust Advisors LP purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $257,000. Qube Research & Technologies Ltd increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after buying an additional 21,353 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 17.2% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after buying an additional 7,376 shares during the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 1.5%

Shares of IWP opened at $139.64 on Wednesday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64. The firm has a market capitalization of $20.42 billion, a P/E ratio of 30.48 and a beta of 1.12. The stock’s fifty day simple moving average is $140.76 and its 200 day simple moving average is $137.12.

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.