Principal Financial Group Inc. Acquires 6,704 Shares of iShares Russell Mid-Cap Value ETF $IWS

Principal Financial Group Inc. grew its holdings in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 34.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,225 shares of the company’s stock after acquiring an additional 6,704 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $3,822,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Rehmann Capital Advisory Group lifted its position in iShares Russell Mid-Cap Value ETF by 0.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 12,277 shares of the company’s stock valued at $1,732,000 after purchasing an additional 72 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Value ETF by 1.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 7,758 shares of the company’s stock worth $1,094,000 after buying an additional 76 shares during the period. Sonata Capital Group Inc. lifted its position in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Sonata Capital Group Inc. now owns 9,276 shares of the company’s stock valued at $1,308,000 after buying an additional 77 shares in the last quarter. Heck Capital Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 0.8% during the 4th quarter. Heck Capital Advisors LLC now owns 10,774 shares of the company’s stock valued at $1,520,000 after acquiring an additional 81 shares during the period. Finally, Freestone Capital Holdings LLC increased its holdings in iShares Russell Mid-Cap Value ETF by 1.5% in the 4th quarter. Freestone Capital Holdings LLC now owns 5,677 shares of the company’s stock worth $801,000 after acquiring an additional 84 shares in the last quarter. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

IWS opened at $167.97 on Thursday. The company has a 50 day simple moving average of $163.51 and a two-hundred day simple moving average of $155.32. The firm has a market cap of $15.65 billion, a P/E ratio of 19.11 and a beta of 0.95. iShares Russell Mid-Cap Value ETF has a 1-year low of $131.46 and a 1-year high of $169.71.

iShares Russell Mid-Cap Value ETF 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. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.