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

Principal Financial Group Inc. raised its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 248.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 201,791 shares of the company’s stock after acquiring an additional 143,940 shares during the period. Principal Financial Group Inc. owned approximately 0.26% of iShares Russell 2000 Value ETF worth $33,128,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Pacific Life Fund Advisors LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 34.2% in the fourth quarter. Pacific Life Fund Advisors LLC now owns 356,563 shares of the company’s stock valued at $58,537,000 after purchasing an additional 90,849 shares during the period. Opus Capital Group LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 5.3% in the fourth quarter. Opus Capital Group LLC now owns 4,717 shares of the company’s stock valued at $774,000 after purchasing an additional 239 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of iShares Russell 2000 Value ETF by 36.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 6,707 shares of the company’s stock valued at $1,101,000 after purchasing an additional 1,784 shares during the period. Allworth Financial LP lifted its stake in shares of iShares Russell 2000 Value ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 58,695 shares of the company’s stock valued at $9,847,000 after purchasing an additional 4,706 shares during the period. Finally, Principal Securities Inc. lifted its stake in shares of iShares Russell 2000 Value ETF by 24.2% in the fourth quarter. Principal Securities Inc. now owns 2,728 shares of the company’s stock valued at $448,000 after purchasing an additional 531 shares during the period.

iShares Russell 2000 Value ETF Stock Down 2.2 %

Shares of NYSEARCA IWN opened at $162.23 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The firm has a 50-day moving average price of $166.45 and a 200 day moving average price of $167.38. The stock has a market capitalization of $11.92 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17.

iShares Russell 2000 Value ETF Company 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.