Principal Financial Group Inc. Reduces Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Principal Financial Group Inc. lowered its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 64,075 shares of the company’s stock after selling 5,609 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $5,648,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC boosted its holdings in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock valued at $1,959,000 after acquiring an additional 112 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.0% during the third quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock valued at $1,112,000 after purchasing an additional 121 shares during the period. Associated Banc Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.8% in the third quarter. Associated Banc Corp now owns 3,427 shares of the company’s stock worth $302,000 after purchasing an additional 126 shares during the last quarter. Tranquility Partners LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% in the third quarter. Tranquility Partners LLC now owns 6,624 shares of the company’s stock worth $584,000 after purchasing an additional 132 shares during the last quarter. Finally, Investment Advisory Group LLC increased its stake in iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Investment Advisory Group LLC now owns 8,652 shares of the company’s stock worth $763,000 after buying an additional 144 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $88.40 on Thursday. The stock has a market cap of $36.52 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The firm has a 50-day moving average of $91.56 and a two-hundred day moving average of $87.09. iShares Russell Mid-Cap ETF has a 1 year low of $75.00 and a 1 year high of $96.00.

About iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.