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

Principal Financial Group Inc. lowered its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 25.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,483 shares of the company’s stock after selling 38,985 shares during the quarter. Principal Financial Group Inc. owned 0.18% of iShares Russell 2000 Value ETF worth $21,895,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in shares of iShares Russell 2000 Value ETF by 1,784.5% in the first quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock valued at $162,860,000 after acquiring an additional 813,425 shares during the period. Bank of America Corp DE increased its position in iShares Russell 2000 Value ETF by 6.7% during the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after acquiring an additional 422,172 shares during the period. BNP Paribas Financial Markets increased its position in iShares Russell 2000 Value ETF by 99.4% during the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock worth $80,186,000 after acquiring an additional 253,326 shares during the period. Wells Fargo & Company MN raised its stake in iShares Russell 2000 Value ETF by 14.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after purchasing an additional 130,498 shares during the last quarter. Finally, Advisors Preferred LLC raised its stake in iShares Russell 2000 Value ETF by 189.6% during the 4th quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock valued at $33,524,000 after purchasing an additional 120,027 shares during the last quarter. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $222.91 on Wednesday. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $224.42. The firm has a fifty day moving average price of $216.03 and a two-hundred day moving average price of $203.40. The company has a market cap of $14.48 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.