PNC Financial Services Group Inc. Sells 12,477 Shares of iShares Russell 2000 Value ETF $IWN

PNC Financial Services Group Inc. lowered its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 1,100,598 shares of the company’s stock after selling 12,477 shares during the period. PNC Financial Services Group Inc. owned 1.70% of iShares Russell 2000 Value ETF worth $208,662,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Brady Martz Wealth Solutions LLC raised its stake in iShares Russell 2000 Value ETF by 0.3% during the fourth quarter. Brady Martz Wealth Solutions LLC now owns 17,982 shares of the company’s stock worth $3,259,000 after buying an additional 53 shares during the last quarter. Valmark Advisers Inc. boosted its position in iShares Russell 2000 Value ETF by 2.3% during the first quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock valued at $460,000 after acquiring an additional 55 shares during the last quarter. Cedar Mountain Advisors LLC boosted its position in iShares Russell 2000 Value ETF by 17.9% during the first quarter. Cedar Mountain Advisors LLC now owns 369 shares of the company’s stock valued at $70,000 after acquiring an additional 56 shares during the last quarter. Eight 31 Financial LLC grew its holdings in iShares Russell 2000 Value ETF by 3.5% during the 4th quarter. Eight 31 Financial LLC now owns 1,667 shares of the company’s stock worth $302,000 after acquiring an additional 56 shares during the period. Finally, Stegner Investment Associates Inc. grew its holdings in iShares Russell 2000 Value ETF by 1.5% during the 4th quarter. Stegner Investment Associates Inc. now owns 3,919 shares of the company’s stock worth $710,000 after acquiring an additional 57 shares during the period. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Trading Down 0.4%

IWN stock opened at $222.05 on Thursday. The stock has a 50-day moving average price of $216.29 and a 200-day moving average price of $203.69. iShares Russell 2000 Value ETF has a 1-year low of $155.54 and a 1-year high of $224.42. The firm has a market cap of $14.42 billion, a PE ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Company Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.