PNC Financial Services Group Inc. Trims Stock Position in iShares Russell Mid-Cap Value ETF $IWS

PNC Financial Services Group Inc. decreased its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,282,032 shares of the company’s stock after selling 30,618 shares during the quarter. PNC Financial Services Group Inc. owned 1.29% of iShares Russell Mid-Cap Value ETF worth $180,831,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC bought a new position in iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $28,000. Rossmore Private Capital bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $29,000. Triumph Capital Management bought a new stake in shares of iShares Russell Mid-Cap Value ETF during the 3rd quarter valued at $29,000. Center for Financial Planning Inc. increased its stake in shares of iShares Russell Mid-Cap Value ETF by 113.8% in the 3rd quarter. Center for Financial Planning Inc. now owns 248 shares of the company’s stock worth $35,000 after purchasing an additional 132 shares in the last quarter. Finally, Investment Counsel Co. of Nevada bought a new position in iShares Russell Mid-Cap Value ETF in the 3rd quarter worth $35,000. 80.17% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Value ETF Stock Performance

NYSEARCA IWS opened at $156.64 on Thursday. The company has a market capitalization of $14.93 billion, a PE ratio of 19.11 and a beta of 0.96. The business’s fifty day moving average is $151.46 and its 200 day moving average is $147.29. iShares Russell Mid-Cap Value ETF has a fifty-two week low of $125.56 and a fifty-two week high of $159.71.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value 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 Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.