PNC Financial Services Group Inc. Acquires 29,499 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

PNC Financial Services Group Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 2,687,537 shares of the company’s stock after purchasing an additional 29,499 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $340,645,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its position in iShares Russell Mid-Cap Growth ETF by 2.4% during the third quarter. Private Trust Co. NA now owns 11,401 shares of the company’s stock valued at $1,337,000 after purchasing an additional 265 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $9,251,000. Allspring Global Investments Holdings LLC raised its position in iShares Russell Mid-Cap Growth ETF by 42.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,014 shares of the company’s stock valued at $3,065,000 after purchasing an additional 7,103 shares in the last quarter. Kingsview Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 5.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 45,937 shares of the company’s stock valued at $5,822,000 after purchasing an additional 2,544 shares in the last quarter. Finally, RFG Advisory LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $468,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9 %

NYSEARCA IWP opened at $121.54 on Friday. The stock’s 50-day simple moving average is $131.64 and its two-hundred day simple moving average is $125.99. iShares Russell Mid-Cap Growth ETF has a twelve month low of $101.12 and a twelve month high of $139.68. The company has a market capitalization of $16.80 billion, a price-to-earnings ratio of 35.02 and a beta of 1.14.

About iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).