Principal Financial Group Inc. Sells 9,162 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Principal Financial Group Inc. lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 35.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,021 shares of the exchange traded fund’s stock after selling 9,162 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell 2000 ETF were worth $3,396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWM. Capital Investment Counsel Inc raised its position in iShares Russell 2000 ETF by 72.9% during the 1st quarter. Capital Investment Counsel Inc now owns 771 shares of the exchange traded fund’s stock valued at $154,000 after purchasing an additional 325 shares in the last quarter. First Horizon Advisors Inc. grew its stake in iShares Russell 2000 ETF by 2.0% during the 1st quarter. First Horizon Advisors Inc. now owns 135,357 shares of the exchange traded fund’s stock valued at $27,002,000 after purchasing an additional 2,656 shares during the last quarter. Novem Group boosted its stake in shares of iShares Russell 2000 ETF by 2.5% in the first quarter. Novem Group now owns 17,515 shares of the exchange traded fund’s stock worth $3,494,000 after buying an additional 427 shares during the last quarter. American Capital Advisory LLC raised its holdings in iShares Russell 2000 ETF by 41.7% in the 1st quarter. American Capital Advisory LLC now owns 316 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 93 shares during the period. Finally, Moody Lynn & Lieberson LLC raised its holdings in shares of iShares Russell 2000 ETF by 3.5% during the first quarter. Moody Lynn & Lieberson LLC now owns 5,130 shares of the exchange traded fund’s stock valued at $1,023,000 after acquiring an additional 174 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $223.92 on Friday. The stock’s fifty day moving average is $212.38 and its two-hundred day moving average is $210.03. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $244.98. The stock has a market cap of $65.43 billion, a PE ratio of 17.69 and a beta of 1.15.

iShares Russell 2000 ETF Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.