Penobscot Investment Management Company Inc. Purchases 92 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Penobscot Investment Management Company Inc. increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,367 shares of the exchange traded fund’s stock after acquiring an additional 92 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares Russell 2000 ETF were worth $1,849,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $4,672,147,000. Jones Financial Companies Lllp increased its position in iShares Russell 2000 ETF by 4.4% during the 4th quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock worth $1,865,251,000 after purchasing an additional 352,358 shares in the last quarter. Empower Advisory Group LLC boosted its position in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after buying an additional 199,487 shares in the last quarter. Toronto Dominion Bank boosted its position in iShares Russell 2000 ETF by 3.7% in the third quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after buying an additional 243,160 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after buying an additional 1,446,443 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $207.70 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The stock has a market capitalization of $67.13 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The stock has a fifty day moving average of $217.77 and a 200-day moving average of $222.76.

iShares Russell 2000 ETF 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.