Principal Financial Group Inc. Sells 12,080 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Principal Financial Group Inc. cut its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 66,564 shares of the company’s stock after selling 12,080 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $5,597,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. LifeSteps Financial Inc. bought a new position in iShares Russell Mid-Cap ETF in the first quarter worth approximately $25,000. Future Financial Wealth Managment LLC bought a new position in iShares Russell Mid-Cap ETF in the first quarter worth approximately $29,000. Aspire Private Capital LLC bought a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $27,000. Financial Synergies Wealth Advisors Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 120.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock worth $32,000 after acquiring an additional 208 shares in the last quarter. Finally, Criterion Capital Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $32,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock traded down $0.42 during trading hours on Friday, reaching $80.41. The company had a trading volume of 378,826 shares, compared to its average volume of 1,269,068. iShares Russell Mid-Cap ETF has a 12 month low of $64.66 and a 12 month high of $84.33. The business has a fifty day simple moving average of $81.48 and a 200-day simple moving average of $80.15. The company has a market cap of $33.22 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

iShares Russell Mid-Cap ETF Profile

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.