PNC Financial Services Group Inc. Buys 12,105 Shares of iShares Russell Mid-Cap Growth ETF $IWP

PNC Financial Services Group Inc. grew its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,457,673 shares of the company’s stock after acquiring an additional 12,105 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $336,554,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IWP. Revolve Wealth Partners LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. AQR Capital Management LLC grew its holdings in 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 worth $337,000 after acquiring an additional 1,074 shares in the last quarter. First Trust Advisors LP bought a new position in iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth about $257,000. Qube Research & Technologies Ltd grew its holdings in 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 acquiring an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in 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 acquiring an additional 7,376 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $135.00 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $145.60. The firm’s 50-day moving average is $133.15 and its two-hundred day moving average is $136.18. The stock has a market cap of $19.39 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

iShares Russell Mid-Cap Growth ETF Profile

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.