PNC Financial Services Group Inc. Decreases Stake in iShares Russell 1000 ETF $IWB

PNC Financial Services Group Inc. decreased its position in iShares Russell 1000 ETF (NYSEARCA:IWB) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,297,491 shares of the company’s stock after selling 61,013 shares during the period. PNC Financial Services Group Inc. owned approximately 1.86% of iShares Russell 1000 ETF worth $857,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in IWB. Lansing Street Advisors grew its stake in shares of iShares Russell 1000 ETF by 0.3% during the 3rd quarter. Lansing Street Advisors now owns 10,256 shares of the company’s stock worth $3,748,000 after purchasing an additional 27 shares during the period. Optivise Advisory Services LLC increased its stake in iShares Russell 1000 ETF by 0.6% during the 4th quarter. Optivise Advisory Services LLC now owns 4,432 shares of the company’s stock worth $1,655,000 after buying an additional 27 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its stake in iShares Russell 1000 ETF by 15.2% in the 4th quarter. Oak Harbor Wealth Partners LLC now owns 205 shares of the company’s stock valued at $77,000 after purchasing an additional 27 shares during the last quarter. Waterfront Wealth Inc. raised its position in shares of iShares Russell 1000 ETF by 0.9% in the fourth quarter. Waterfront Wealth Inc. now owns 3,095 shares of the company’s stock valued at $1,175,000 after buying an additional 29 shares during the last quarter. Finally, Flagship Private Wealth LLC raised its holdings in iShares Russell 1000 ETF by 2.1% in the 4th quarter. Flagship Private Wealth LLC now owns 1,396 shares of the company’s stock valued at $521,000 after acquiring an additional 29 shares during the last quarter.

iShares Russell 1000 ETF Stock Down 0.6%

Shares of IWB opened at $399.84 on Wednesday. The stock has a fifty day simple moving average of $377.75 and a two-hundred day simple moving average of $375.65. iShares Russell 1000 ETF has a 52-week low of $316.35 and a 52-week high of $408.38. The company has a market capitalization of $47.04 billion, a PE ratio of 24.71 and a beta of 1.00.

iShares Russell 1000 ETF Company 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.