PNC Financial Services Group Inc. Sells 117,266 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

PNC Financial Services Group Inc. decreased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.2% during the third quarter, Holdings Channel.com reports. The fund owned 2,658,038 shares of the company’s stock after selling 117,266 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $311,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in IWP. Adirondack Trust Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 78.3% during the 2nd quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock valued at $33,000 after buying an additional 130 shares in the last quarter. Lynx Investment Advisory bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $33,000. Ashton Thomas Securities LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 251.1% during the third quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock worth $39,000 after purchasing an additional 236 shares in the last quarter. Centennial Bank AR grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1,335.7% during the second quarter. Centennial Bank AR now owns 402 shares of the company’s stock worth $44,000 after purchasing an additional 374 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 30.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock valued at $46,000 after purchasing an additional 97 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $128.39 on Tuesday. The firm has a market cap of $16.61 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1 year low of $94.69 and a 1 year high of $132.41. The company has a 50 day simple moving average of $120.29 and a two-hundred day simple moving average of $113.94.

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).