Penobscot Investment Management Company Inc. Buys New Position in iShares Russell 3000 ETF $IWV

Penobscot Investment Management Company Inc. bought a new stake in iShares Russell 3000 ETF (NYSEARCA:IWV) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 626 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors have also recently made changes to their positions in the stock. QRG Capital Management Inc. increased its position in shares of iShares Russell 3000 ETF by 44.8% during the 2nd quarter. QRG Capital Management Inc. now owns 2,258 shares of the company’s stock worth $793,000 after purchasing an additional 699 shares during the last quarter. Single Point Partners LLC increased its position in shares of iShares Russell 3000 ETF by 4.8% during the 2nd quarter. Single Point Partners LLC now owns 10,654 shares of the company’s stock worth $3,740,000 after purchasing an additional 490 shares during the last quarter. Greenwood Capital Associates LLC increased its position in shares of iShares Russell 3000 ETF by 22.1% during the 2nd quarter. Greenwood Capital Associates LLC now owns 3,542 shares of the company’s stock worth $1,243,000 after purchasing an additional 640 shares during the last quarter. Tanager Wealth Management LLP increased its position in shares of iShares Russell 3000 ETF by 2.3% during the 2nd quarter. Tanager Wealth Management LLP now owns 39,424 shares of the company’s stock worth $13,838,000 after purchasing an additional 889 shares during the last quarter. Finally, Naples Global Advisors LLC increased its position in shares of iShares Russell 3000 ETF by 90.2% during the 2nd quarter. Naples Global Advisors LLC now owns 3,348 shares of the company’s stock worth $1,175,000 after purchasing an additional 1,588 shares during the last quarter.

iShares Russell 3000 ETF Stock Up 0.1%

NYSEARCA:IWV opened at $380.77 on Friday. The firm has a market capitalization of $17.21 billion, a price-to-earnings ratio of 25.11 and a beta of 1.02. iShares Russell 3000 ETF has a twelve month low of $273.60 and a twelve month high of $382.83. The stock’s 50 day moving average price is $368.71 and its two-hundred day moving average price is $343.55.

iShares Russell 3000 ETF Profile

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index).