PNC Financial Services Group Inc. Sells 33,762 Shares of iShares Russell 1000 ETF $IWB

PNC Financial Services Group Inc. cut its holdings in shares of iShares Russell 1000 ETF (NYSEARCA:IWB) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,385,776 shares of the company’s stock after selling 33,762 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 1000 ETF were worth $810,138,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in shares of iShares Russell 1000 ETF in the 1st quarter valued at approximately $33,000. eCIO Inc. acquired a new position in iShares Russell 1000 ETF during the first quarter worth $36,000. Fiduciary Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 ETF in the first quarter valued at approximately $45,000. RMG Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 ETF during the 2nd quarter worth about $45,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares Russell 1000 ETF during the 2nd quarter worth approximately $49,000.

iShares Russell 1000 ETF Trading Up 0.3%

NYSEARCA IWB opened at $374.14 on Wednesday. The company has a market cap of $45.05 billion, a price-to-earnings ratio of 24.71 and a beta of 1.01. The company has a 50 day moving average of $365.93 and a 200-day moving average of $346.22. iShares Russell 1000 ETF has a 1-year low of $264.17 and a 1-year high of $377.77.

iShares Russell 1000 ETF Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 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 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.