Principal Financial Group Inc. Sells 85,963 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Principal Financial Group Inc. decreased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 77.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,209 shares of the exchange traded fund’s stock after selling 85,963 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,785,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Rhumbline Advisers boosted its holdings in iShares Russell 1000 Value ETF by 21.4% in the second quarter. Rhumbline Advisers now owns 37,410 shares of the exchange traded fund’s stock worth $6,527,000 after purchasing an additional 6,588 shares during the last quarter. Founders Financial Securities LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth $204,000. First National Trust Co increased its position in iShares Russell 1000 Value ETF by 85.7% during the second quarter. First National Trust Co now owns 5,962 shares of the exchange traded fund’s stock valued at $1,040,000 after acquiring an additional 2,751 shares during the last quarter. Larson Financial Group LLC lifted its holdings in iShares Russell 1000 Value ETF by 4.7% in the second quarter. Larson Financial Group LLC now owns 8,349 shares of the exchange traded fund’s stock valued at $1,457,000 after acquiring an additional 378 shares during the period. Finally, Vance Wealth Inc. boosted its position in iShares Russell 1000 Value ETF by 1.9% in the second quarter. Vance Wealth Inc. now owns 7,249 shares of the exchange traded fund’s stock worth $1,265,000 after purchasing an additional 137 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.2 %

iShares Russell 1000 Value ETF stock opened at $184.76 on Friday. The business has a 50-day simple moving average of $192.00 and a two-hundred day simple moving average of $186.12. iShares Russell 1000 Value ETF has a 52-week low of $160.98 and a 52-week high of $200.42. The company has a market cap of $57.88 billion, a P/E ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index 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 large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).