Penobscot Investment Management Company Inc. Grows Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Penobscot Investment Management Company Inc. lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 40.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,374 shares of the exchange traded fund’s stock after buying an additional 2,126 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares Russell 2000 ETF were worth $1,480,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BKM Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at $28,000. Tucker Asset Management LLC lifted its holdings in iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 134 shares during the period. Arjuna Capital bought a new position in iShares Russell 2000 ETF in the third quarter valued at about $34,000. Tradewinds Capital Management LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $40,000. Finally, Legacy Financial Group LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at about $36,000.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $195.90 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $211.88. The business’s 50-day moving average is $202.38 and its two-hundred day moving average is $192.29.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.