Principal Financial Group Inc. Boosts Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Principal Financial Group Inc. lifted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Get Rating) by 102.4% in the fourth quarter, HoldingsChannel reports. The firm owned 193,223 shares of the company’s stock after purchasing an additional 97,760 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $13,033,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. RFP Financial Group LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $53,000. International City Management Association Retirement Corp bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $30,478,000. Gratus Capital LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $344,000. Whittier Trust Co. lifted its position in iShares Russell Mid-Cap ETF by 1.7% in the fourth quarter. Whittier Trust Co. now owns 135,087 shares of the company’s stock worth $9,112,000 after buying an additional 2,253 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Bank of Montreal Can now owns 587,659 shares of the company’s stock worth $40,696,000 after buying an additional 33,551 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Down 1.1 %

Shares of IWR opened at $67.61 on Thursday. The company has a market cap of $26.81 billion, a PE ratio of 15.16 and a beta of 1.09. The business has a fifty day moving average of $68.60 and a 200 day moving average of $69.72. iShares Russell Mid-Cap ETF has a 52-week low of $60.73 and a 52-week high of $75.44.

iShares Russell Mid-Cap ETF Company Profile

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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.