PNC Financial Services Group Inc. Lowers Stock Position in iShares Russell 2000 Growth ETF $IWO

PNC Financial Services Group Inc. lowered its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 6.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 607,024 shares of the exchange traded fund’s stock after selling 40,539 shares during the quarter. PNC Financial Services Group Inc. owned 1.50% of iShares Russell 2000 Growth ETF worth $173,524,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of iShares Russell 2000 Growth ETF by 2.3% during the 1st quarter. Principal Financial Group Inc. now owns 9,000 shares of the exchange traded fund’s stock worth $2,300,000 after purchasing an additional 200 shares during the last quarter. Stevens Capital Partners lifted its position in shares of iShares Russell 2000 Growth ETF by 23.0% in the first quarter. Stevens Capital Partners now owns 12,376 shares of the exchange traded fund’s stock valued at $3,162,000 after acquiring an additional 2,316 shares in the last quarter. Forum Financial Management LP boosted its stake in shares of iShares Russell 2000 Growth ETF by 34.4% in the first quarter. Forum Financial Management LP now owns 1,563 shares of the exchange traded fund’s stock worth $399,000 after acquiring an additional 400 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in iShares Russell 2000 Growth ETF by 3.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 22,826 shares of the exchange traded fund’s stock valued at $5,833,000 after purchasing an additional 655 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in iShares Russell 2000 Growth ETF by 5.9% during the 1st quarter. IFP Advisors Inc now owns 802 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 45 shares during the last quarter. 74.88% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Trading Down 0.4%

NYSEARCA:IWO opened at $322.82 on Thursday. The company has a market cap of $12.96 billion, a P/E ratio of 21.86 and a beta of 1.17. iShares Russell 2000 Growth ETF has a twelve month low of $219.19 and a twelve month high of $337.26. The company’s 50-day moving average price is $322.73 and its 200-day moving average price is $297.44.

About iShares Russell 2000 Growth ETF

iShares Russell 2000 Growth ETF (the 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 Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.