Principal Financial Group Inc. Reduces Holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Principal Financial Group Inc. lowered its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 25.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 52,600 shares of the company’s stock after selling 18,400 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $6,956,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IWS. American Capital Advisory LLC boosted its stake in iShares Russell Mid-Cap Value ETF by 100.0% in the 3rd quarter. American Capital Advisory LLC now owns 220 shares of the company’s stock worth $29,000 after buying an additional 110 shares during the last quarter. Rothschild Investment LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF in the second quarter valued at $27,000. Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the third quarter valued at about $34,000. Tortoise Investment Management LLC acquired a new stake in iShares Russell Mid-Cap Value ETF during the 2nd quarter valued at approximately $32,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of iShares Russell Mid-Cap Value ETF during the second quarter worth approximately $34,000.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of iShares Russell Mid-Cap Value ETF stock opened at $129.34 on Wednesday. The firm has a market cap of $13.54 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 1 year low of $111.92 and a 1 year high of $140.95. The firm’s 50-day simple moving average is $134.48 and its 200-day simple moving average is $129.46.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.