iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 248.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 201,791 shares of the company’s stock after acquiring an additional 143,940 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $33,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Crews Bank & Trust purchased a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $25,000. Hoese & Co LLP purchased a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $26,000. Financial Life Planners purchased a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $26,000. Barrett & Company Inc. grew its holdings in shares of iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares in the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth about $29,000.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $162.23 on Friday. The company has a market cap of $11.92 billion, a PE ratio of 14.54 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12 month low of $145.71 and a 12 month high of $183.51. The company has a 50-day simple moving average of $166.45 and a 200-day simple moving average of $167.38.

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.