PNC Financial Services Group Inc. Sells 75,623 Shares of iShares Russell 2000 Value ETF $IWN

PNC Financial Services Group Inc. lessened its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.3% during the second quarter, HoldingsChannel.com reports. The fund owned 1,123,339 shares of the company’s stock after selling 75,623 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $177,218,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IWN. First Command Advisory Services Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the second quarter worth $26,000. Marshall & Sullivan Inc. WA bought a new stake in iShares Russell 2000 Value ETF during the second quarter valued at approximately $28,000. Avalon Trust Co purchased a new position in iShares Russell 2000 Value ETF in the 1st quarter worth approximately $30,000. WPG Advisers LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter worth $49,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of iShares Russell 2000 Value ETF during the 2nd quarter valued at $66,000. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $177.69 on Thursday. iShares Russell 2000 Value ETF has a 52-week low of $129.38 and a 52-week high of $183.51. The company has a fifty day moving average of $177.27 and a 200-day moving average of $165.45. The company has a market capitalization of $11.64 billion, a P/E ratio of 14.35 and a beta of 1.09.

iShares Russell 2000 Value ETF Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.