iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Shares Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its position in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,300 shares of the company’s stock after buying an additional 2,800 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $5,203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWS. Trifecta Capital Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap Value ETF during the 1st quarter worth approximately $28,000. Capital A Wealth Management LLC acquired a new position in iShares Russell Mid-Cap Value ETF during the 4th quarter worth about $32,000. Arlington Trust Co LLC purchased a new position in iShares Russell Mid-Cap Value ETF during the 1st quarter valued at about $32,000. Glen Eagle Advisors LLC grew its position in iShares Russell Mid-Cap Value ETF by 42.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 79 shares in the last quarter. Finally, Brandywine Global Investment Management LLC increased its stake in iShares Russell Mid-Cap Value ETF by 405.7% during the fourth quarter. Brandywine Global Investment Management LLC now owns 268 shares of the company’s stock worth $35,000 after purchasing an additional 215 shares during the period. Hedge funds and other institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

Shares of NYSEARCA IWS opened at $133.68 on Thursday. The company has a market cap of $13.42 billion, a price-to-earnings ratio of 19.11 and a beta of 1.08. The stock’s 50-day moving average is $130.42 and its two-hundred day moving average is $128.21. iShares Russell Mid-Cap Value ETF has a 1-year low of $108.85 and a 1-year high of $140.95.

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.