Principal Financial Group Inc. Purchases 1,870 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Principal Financial Group Inc. increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 111,172 shares of the exchange traded fund’s stock after acquiring an additional 1,870 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $19,396,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IWD. Ameritas Advisory Services LLC grew its position in iShares Russell 1000 Value ETF by 7.2% during the second quarter. Ameritas Advisory Services LLC now owns 33,439 shares of the exchange traded fund’s stock valued at $5,834,000 after buying an additional 2,257 shares during the period. Arkadios Wealth Advisors increased its stake in shares of iShares Russell 1000 Value ETF by 34.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 9,730 shares of the exchange traded fund’s stock worth $1,698,000 after purchasing an additional 2,483 shares in the last quarter. Cambiar Investors LLC raised its holdings in iShares Russell 1000 Value ETF by 95.5% in the 2nd quarter. Cambiar Investors LLC now owns 80,196 shares of the exchange traded fund’s stock worth $13,992,000 after purchasing an additional 39,169 shares during the period. Northeast Investment Management lifted its position in iShares Russell 1000 Value ETF by 25.0% during the second quarter. Northeast Investment Management now owns 8,500 shares of the exchange traded fund’s stock valued at $1,483,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Breakwater Capital Group grew its holdings in iShares Russell 1000 Value ETF by 1.4% during the second quarter. Breakwater Capital Group now owns 62,581 shares of the exchange traded fund’s stock valued at $10,919,000 after purchasing an additional 868 shares during the period.

iShares Russell 1000 Value ETF Stock Down 1.3 %

Shares of IWD opened at $185.96 on Wednesday. The business has a 50-day simple moving average of $179.88 and a two-hundred day simple moving average of $176.38. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $188.47. The stock has a market cap of $58.25 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).