Penobscot Investment Management Company Inc. Has $1.85 Million Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Penobscot Investment Management Company Inc. boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,367 shares of the exchange traded fund’s stock after buying an additional 92 shares during the quarter. 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 SEC.

Other institutional investors have also recently bought and sold shares of the company. Algert Global LLC lifted its position in shares of iShares Russell 2000 ETF by 27.3% in the third quarter. Algert Global LLC now owns 12,776 shares of the exchange traded fund’s stock valued at $2,822,000 after buying an additional 2,739 shares during the last quarter. Loomis Sayles & Co. L P grew its stake in shares of iShares Russell 2000 ETF by 502.8% in the third quarter. Loomis Sayles & Co. L P now owns 21,225 shares of the exchange traded fund’s stock valued at $4,688,000 after acquiring an additional 17,704 shares in the last quarter. Truvestments Capital LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter worth about $128,000. Associated Banc Corp grew its position in shares of iShares Russell 2000 ETF by 5.7% during the 3rd quarter. Associated Banc Corp now owns 11,964 shares of the exchange traded fund’s stock worth $2,643,000 after purchasing an additional 649 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of iShares Russell 2000 ETF by 3,015.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 207,033 shares of the exchange traded fund’s stock worth $45,732,000 after purchasing an additional 200,388 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 0.6 %

NYSEARCA IWM opened at $207.70 on Wednesday. The company has a market cap of $67.13 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The company has a 50 day moving average of $217.77 and a 200-day moving average of $222.76. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98.

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.