Principal Financial Group Inc. Sells 6,620 Shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Principal Financial Group Inc. reduced its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 40.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,900 shares of the exchange traded fund’s stock after selling 6,620 shares during the period. Principal Financial Group Inc.’s holdings in iShares Russell 2000 Growth ETF were worth $2,812,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IWO. PSI Advisors LLC bought a new position in shares of iShares Russell 2000 Growth ETF in the third quarter worth about $28,000. Richardson Financial Services Inc. boosted its stake in iShares Russell 2000 Growth ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 144 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 72 shares during the period. Voisard Asset Management Group Inc. purchased a new stake in iShares Russell 2000 Growth ETF during the 3rd quarter valued at approximately $43,000. SouthState Corp grew its holdings in iShares Russell 2000 Growth ETF by 30.0% during the 3rd quarter. SouthState Corp now owns 195 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 45 shares in the last quarter. Finally, Fred Alger Management LLC lifted its holdings in shares of iShares Russell 2000 Growth ETF by 226.4% in the third quarter. Fred Alger Management LLC now owns 284 shares of the exchange traded fund’s stock worth $81,000 after buying an additional 197 shares in the last quarter.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA IWO opened at $294.78 on Friday. The stock has a market capitalization of $12.29 billion, a PE ratio of 16.25 and a beta of 1.31. iShares Russell 2000 Growth ETF has a 1-year low of $237.03 and a 1-year high of $317.62. The business has a 50 day simple moving average of $300.08 and a two-hundred day simple moving average of $283.54.

About iShares Russell 2000 Growth ETF

iShares Russell 2000 Growth ETF (the 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 Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.