Penobscot Wealth Management Has $598,000 Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Penobscot Wealth Management boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 36.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,707 shares of the exchange traded fund’s stock after buying an additional 720 shares during the period. Penobscot Wealth Management’s holdings in iShares Russell 2000 ETF were worth $598,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of IWM. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $25,000. Field & Main Bank acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at approximately $27,000. Insight Inv LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $30,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $31,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $201.10 on Thursday. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98. The business’s 50-day moving average price is $220.74 and its two-hundred day moving average price is $223.44. The company has a market capitalization of $64.41 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.