Principal Financial Group Inc. Sells 15,800 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Principal Financial Group Inc. trimmed its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 68.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,300 shares of the company’s stock after selling 15,800 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWP. Adirondack Trust Co. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock valued at $33,000 after buying an additional 130 shares during the period. Lynx Investment Advisory bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at about $33,000. Centennial Bank AR boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1,335.7% during the 2nd quarter. Centennial Bank AR now owns 402 shares of the company’s stock valued at $44,000 after purchasing an additional 374 shares in the last quarter. Carmichael Hill & Associates Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 30.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock worth $46,000 after purchasing an additional 97 shares during the period. Finally, Kimelman & Baird LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the second quarter worth approximately $47,000.

iShares Russell Mid-Cap Growth ETF Stock Up 1.6 %

Shares of NYSEARCA IWP opened at $134.36 on Friday. The firm has a market cap of $17.38 billion, a PE ratio of 29.60 and a beta of 1.15. The company’s fifty day simple moving average is $121.87 and its 200 day simple moving average is $114.53. iShares Russell Mid-Cap Growth ETF has a 12-month low of $95.85 and a 12-month high of $134.49.

iShares Russell Mid-Cap Growth ETF Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index).