PNC Financial Services Group Inc. Cuts Position in iShares MSCI USA Size Factor ETF $SIZE

PNC Financial Services Group Inc. lowered its stake in shares of iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 10.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,224 shares of the company’s stock after selling 4,966 shares during the period. PNC Financial Services Group Inc. owned about 1.88% of iShares MSCI USA Size Factor ETF worth $6,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Strategic Financial Services Inc. purchased a new position in iShares MSCI USA Size Factor ETF in the second quarter valued at about $16,010,000. Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI USA Size Factor ETF by 4,044.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 58,311 shares of the company’s stock worth $9,011,000 after acquiring an additional 56,904 shares during the period. Bank of America Corp DE increased its stake in iShares MSCI USA Size Factor ETF by 4.6% in the 2nd quarter. Bank of America Corp DE now owns 496,477 shares of the company’s stock valued at $76,726,000 after purchasing an additional 21,936 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares MSCI USA Size Factor ETF by 61.9% during the third quarter. Jones Financial Companies Lllp now owns 17,360 shares of the company’s stock worth $2,775,000 after purchasing an additional 6,635 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in iShares MSCI USA Size Factor ETF by 17.3% during the second quarter. Osaic Holdings Inc. now owns 38,825 shares of the company’s stock worth $6,000,000 after purchasing an additional 5,730 shares in the last quarter.

iShares MSCI USA Size Factor ETF Stock Performance

iShares MSCI USA Size Factor ETF stock opened at $168.27 on Friday. iShares MSCI USA Size Factor ETF has a fifty-two week low of $126.82 and a fifty-two week high of $169.85. The firm has a market capitalization of $403.85 million, a price-to-earnings ratio of 21.17 and a beta of 1.02. The stock’s fifty day moving average is $165.64 and its two-hundred day moving average is $161.77.

iShares MSCI USA Size Factor ETF Profile

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.