Penobscot Investment Management Company Inc. Purchases 2,126 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Penobscot Investment Management Company Inc. raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 40.5% in the fourth quarter, HoldingsChannel reports. The firm owned 7,374 shares of the exchange traded fund’s stock after acquiring 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 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IWM. Compagnie Lombard Odier SCmA raised its position in iShares Russell 2000 ETF by 67.2% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 1,120 shares of the exchange traded fund’s stock valued at $198,000 after purchasing an additional 450 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $691,000. Xponance Inc. raised its position in shares of iShares Russell 2000 ETF by 20.2% in the 3rd quarter. Xponance Inc. now owns 4,151 shares of the exchange traded fund’s stock worth $734,000 after acquiring an additional 697 shares in the last quarter. Pinnacle Associates Ltd. raised its position in shares of iShares Russell 2000 ETF by 14.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 65,793 shares of the exchange traded fund’s stock worth $11,628,000 after acquiring an additional 8,381 shares in the last quarter. Finally, Mission Wealth Management LP raised its position in shares of iShares Russell 2000 ETF by 13.6% in the 3rd quarter. Mission Wealth Management LP now owns 9,275 shares of the exchange traded fund’s stock worth $1,639,000 after acquiring an additional 1,111 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM opened at $195.90 on Wednesday. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $211.88. The stock has a fifty day moving average price of $202.38 and a 200-day moving average price of $192.29.

iShares Russell 2000 ETF Company Profile

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.