PNC Financial Services Group Inc. Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PNC Financial Services Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.3% during the 3rd quarter, Holdings Channel reports. The fund owned 3,247,266 shares of the exchange traded fund’s stock after buying an additional 10,304 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $616,331,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. grew its stake in shares of iShares Russell 1000 Value ETF by 72.3% in the 1st quarter. Russell Investments Group Ltd. now owns 298 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 125 shares during the period. Bessemer Group Inc. increased its stake in iShares Russell 1000 Value ETF by 15.5% during the first quarter. Bessemer Group Inc. now owns 37,620 shares of the exchange traded fund’s stock worth $6,738,000 after acquiring an additional 5,055 shares during the last quarter. Lake Street Advisors Group LLC raised its position in iShares Russell 1000 Value ETF by 100.9% in the first quarter. Lake Street Advisors Group LLC now owns 4,636 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 2,328 shares during the period. Natixis lifted its stake in shares of iShares Russell 1000 Value ETF by 12.0% in the 1st quarter. Natixis now owns 7,151 shares of the exchange traded fund’s stock valued at $1,281,000 after purchasing an additional 765 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 108.2% during the 1st quarter. CreativeOne Wealth LLC now owns 10,145 shares of the exchange traded fund’s stock worth $1,817,000 after purchasing an additional 5,272 shares during the period.

iShares Russell 1000 Value ETF Trading Up 0.5 %

Shares of IWD opened at $193.93 on Tuesday. The company’s 50-day moving average price is $190.17 and its 200 day moving average price is $182.53. iShares Russell 1000 Value ETF has a 12-month low of $154.04 and a 12-month high of $197.21. The firm has a market cap of $60.75 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).