PNC Financial Services Group Inc. Sells 13,139 Shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

PNC Financial Services Group Inc. lessened its position in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,120,331 shares of the exchange traded fund’s stock after selling 13,139 shares during the period. iShares Russell 1000 Growth ETF comprises approximately 0.8% of PNC Financial Services Group Inc.’s portfolio, making the stock its 16th biggest holding. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 Growth ETF were worth $1,253,063,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Growth ETF during the 3rd quarter worth approximately $27,000. Signature Resources Capital Management LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $28,000. Peterson Wealth Services bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $35,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter valued at approximately $46,000. Finally, Capital Performance Advisors LLP bought a new position in iShares Russell 1000 Growth ETF in the 3rd quarter valued at approximately $51,000.

iShares Russell 1000 Growth ETF Price Performance

Shares of NYSEARCA:IWF opened at $378.85 on Friday. The company has a market cap of $98.52 billion, a price-to-earnings ratio of 36.11 and a beta of 1.09. The firm has a 50 day simple moving average of $404.52 and a 200 day simple moving average of $391.42. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53.

iShares Russell 1000 Growth ETF Company Profile

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.