PNC Financial Services Group Inc. Has $182.42 Million Stake in iShares Russell Mid-Cap Value ETF $IWS

PNC Financial Services Group Inc. reduced its stake in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,251,682 shares of the company’s stock after selling 30,350 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $182,420,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Signature Resources Capital Management LLC grew its position in shares of iShares Russell Mid-Cap Value ETF by 116.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 171 shares of the company’s stock valued at $25,000 after buying an additional 92 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Russell Mid-Cap Value ETF during the fourth quarter worth about $28,000. Triumph Capital Management bought a new position in shares of iShares Russell Mid-Cap Value ETF during the third quarter worth about $29,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the fourth quarter worth approximately $35,000. Finally, Palisade Asset Management LLC acquired a new position in shares of iShares Russell Mid-Cap Value ETF in the third quarter worth approximately $43,000. 80.17% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of IWS stock opened at $165.37 on Thursday. The business’s 50 day simple moving average is $162.38 and its 200 day simple moving average is $154.53. iShares Russell Mid-Cap Value ETF has a one year low of $131.46 and a one year high of $168.14. The stock has a market capitalization of $15.59 billion, a PE ratio of 19.11 and a beta of 0.95.

iShares Russell Mid-Cap Value ETF Profile

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.