PNC Financial Services Group Inc. Purchases 32,054 Shares of iShares Russell 1000 ETF $IWB

PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,329,545 shares of the company’s stock after purchasing an additional 32,054 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 ETF were worth $830,623,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in iShares Russell 1000 ETF in the 4th quarter valued at about $28,000. Sound Income Strategies LLC bought a new position in iShares Russell 1000 ETF during the first quarter worth about $28,000. Advocate Investing Services LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $31,000. True Wealth Design LLC acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth approximately $32,000. Finally, Optima Capital LLC bought a new stake in iShares Russell 1000 ETF in the fourth quarter valued at approximately $32,000.

iShares Russell 1000 ETF Stock Up 0.8%

IWB opened at $409.43 on Wednesday. iShares Russell 1000 ETF has a 12-month low of $340.11 and a 12-month high of $415.11. The stock has a market cap of $48.35 billion, a price-to-earnings ratio of 24.71 and a beta of 1.00. The business has a 50 day moving average of $407.40 and a 200-day moving average of $387.08.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.