PNC Financial Services Group Inc. Sells 14,582 Shares of iShares Russell 1000 ETF (NYSEARCA:IWB)

PNC Financial Services Group Inc. reduced its holdings in iShares Russell 1000 ETF (NYSEARCA:IWB) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,469,504 shares of the company’s stock after selling 14,582 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 ETF were worth $776,387,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IWB. Cypress Wealth Services LLC raised its holdings in shares of iShares Russell 1000 ETF by 0.7% during the 3rd quarter. Cypress Wealth Services LLC now owns 4,960 shares of the company’s stock worth $1,559,000 after buying an additional 33 shares in the last quarter. WealthPLAN Partners LLC grew its position in iShares Russell 1000 ETF by 2.1% during the 2nd quarter. WealthPLAN Partners LLC now owns 1,703 shares of the company’s stock worth $507,000 after acquiring an additional 35 shares during the last quarter. Evensky & Katz LLC increased its holdings in iShares Russell 1000 ETF by 0.3% in the 3rd quarter. Evensky & Katz LLC now owns 10,201 shares of the company’s stock worth $3,207,000 after purchasing an additional 35 shares in the last quarter. Lansing Street Advisors raised its position in iShares Russell 1000 ETF by 0.3% in the third quarter. Lansing Street Advisors now owns 10,144 shares of the company’s stock valued at $3,189,000 after purchasing an additional 35 shares during the last quarter. Finally, Riverpoint Wealth Management Holdings LLC raised its position in iShares Russell 1000 ETF by 0.3% in the third quarter. Riverpoint Wealth Management Holdings LLC now owns 10,720 shares of the company’s stock valued at $3,370,000 after purchasing an additional 36 shares during the last quarter.

iShares Russell 1000 ETF Stock Performance

Shares of NYSEARCA IWB opened at $323.81 on Tuesday. The firm has a 50 day moving average price of $316.30 and a two-hundred day moving average price of $303.64. The stock has a market cap of $39.75 billion, a P/E ratio of 24.68 and a beta of 1.01. iShares Russell 1000 ETF has a 52-week low of $246.97 and a 52-week high of $330.43.

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.