PNC Financial Services Group Inc. Buys 3,350 Shares of iShares Russell 2000 Growth ETF $IWO

PNC Financial Services Group Inc. lifted its stake in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 0.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 616,540 shares of the exchange traded fund’s stock after purchasing an additional 3,350 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $193,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWO. Goldman Sachs Group Inc. raised its position in iShares Russell 2000 Growth ETF by 68.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 966,022 shares of the exchange traded fund’s stock worth $312,035,000 after purchasing an additional 393,686 shares during the last quarter. State Street Corp bought a new position in iShares Russell 2000 Growth ETF in the 2nd quarter valued at $84,862,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of iShares Russell 2000 Growth ETF by 182.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 341,500 shares of the exchange traded fund’s stock valued at $110,308,000 after buying an additional 220,500 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares Russell 2000 Growth ETF in the 2nd quarter valued at $62,237,000. Finally, Morgan Stanley increased its stake in shares of iShares Russell 2000 Growth ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 2,619,371 shares of the exchange traded fund’s stock valued at $846,084,000 after buying an additional 123,413 shares during the period. Institutional investors and hedge funds own 74.88% of the company’s stock.

iShares Russell 2000 Growth ETF Stock Down 1.4%

IWO stock opened at $376.18 on Thursday. iShares Russell 2000 Growth ETF has a twelve month low of $280.35 and a twelve month high of $396.69. The company has a market cap of $14.69 billion, a P/E ratio of 21.86 and a beta of 1.18. The business has a fifty day moving average of $379.65 and a 200-day moving average of $352.68.

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. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.