PNC Financial Services Group Inc. lessened its holdings in shares of iShares Trust (NYSEARCA:HDV) by 5.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,624 shares of the exchange traded fund’s stock after selling 4,736 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Trust were worth $7,450,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Formidable Asset Management LLC bought a new stake in shares of iShares Trust during the 2nd quarter valued at $224,000. Crescent Grove Advisors LLC bought a new stake in shares of iShares Trust during the 2nd quarter valued at $227,000. Brighton Jones LLC bought a new stake in shares of iShares Trust during the 2nd quarter valued at $234,000. Edmond DE Rothschild Holding S.A. boosted its holdings in shares of iShares Trust by 29.9% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 2,825 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 650 shares in the last quarter. Finally, Sigma Investment Counselors Inc. boosted its holdings in shares of iShares Trust by 9.0% during the 2nd quarter. Sigma Investment Counselors Inc. now owns 3,131 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 259 shares in the last quarter.

iShares Trust (NYSEARCA:HDV) opened at 86.19 on Friday. The stock has a 50 day moving average price of $84.38 and a 200 day moving average price of $84.05. iShares Trust has a 52-week low of $77.86 and a 52-week high of $86.29.

TRADEMARK VIOLATION WARNING: This news story was first published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://www.dailypolitical.com/2017/09/24/pnc-financial-services-group-inc-reduces-stake-in-ishares-trust-hdv.html.

Institutional Ownership by Quarter for iShares Trust (NYSEARCA:HDV)

Receive News & Ratings for iShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.