PNC Financial Services Group Inc. Has $662.87 Million Position in iShares Russell 1000 Value ETF $IWD

PNC Financial Services Group Inc. increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,412,793 shares of the exchange traded fund’s stock after buying an additional 57,638 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $662,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in IWD. JFG Wealth Management LLC grew its holdings in iShares Russell 1000 Value ETF by 78.8% during the 2nd quarter. JFG Wealth Management LLC now owns 12,165 shares of the exchange traded fund’s stock worth $2,363,000 after acquiring an additional 5,361 shares during the last quarter. Advyzon Investment Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 68.1% during the second quarter. Advyzon Investment Management LLC now owns 1,084 shares of the exchange traded fund’s stock valued at $211,000 after acquiring an additional 439 shares during the last quarter. VeraBank N.A. grew its stake in shares of iShares Russell 1000 Value ETF by 1.9% in the second quarter. VeraBank N.A. now owns 6,485 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 122 shares during the last quarter. Verus Capital Partners LLC grew its stake in shares of iShares Russell 1000 Value ETF by 89.0% in the second quarter. Verus Capital Partners LLC now owns 2,094 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 986 shares during the last quarter. Finally, Fund Evaluation Group LLC increased its holdings in iShares Russell 1000 Value ETF by 347.9% in the second quarter. Fund Evaluation Group LLC now owns 102,939 shares of the exchange traded fund’s stock valued at $19,994,000 after purchasing an additional 79,954 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.7%

Shares of IWD opened at $207.25 on Wednesday. The stock’s 50-day moving average price is $203.47 and its two-hundred day moving average price is $196.66. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $207.58. The company has a market capitalization of $65.93 billion, a PE ratio of 18.83 and a beta of 0.89.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).