Principal Financial Group Inc. Sells 38,985 Shares of iShares Russell 2000 Value ETF $IWN

Principal Financial Group Inc. lessened its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 25.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,483 shares of the company’s stock after selling 38,985 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $21,895,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Money Concepts Capital Corp acquired a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter valued at $1,020,000. Kelsey Financial LLC bought a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth about $2,789,000. Strategic Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $469,000. Summit Wealth Group LLC Co. acquired a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $519,000. Finally, Blue Trust Inc. boosted its position in shares of iShares Russell 2000 Value ETF by 43.3% during the 4th quarter. Blue Trust Inc. now owns 13,972 shares of the company’s stock valued at $2,532,000 after acquiring an additional 4,223 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Up 0.9%

NYSEARCA IWN opened at $222.91 on Wednesday. iShares Russell 2000 Value ETF has a twelve month low of $155.54 and a twelve month high of $224.42. The stock has a market cap of $14.48 billion, a P/E ratio of 14.35 and a beta of 1.01. The company’s 50-day simple moving average is $216.03 and its 200 day simple moving average is $203.40.

iShares Russell 2000 Value ETF 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.