iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Acquired by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. increased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 20.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,663 shares of the company’s stock after buying an additional 1,991 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,761,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IWN. Brighton Jones LLC lifted its position in iShares Russell 2000 Value ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after purchasing an additional 91 shares during the last quarter. IFP Advisors Inc lifted its position in iShares Russell 2000 Value ETF by 56.7% in the 4th quarter. IFP Advisors Inc now owns 3,757 shares of the company’s stock valued at $617,000 after purchasing an additional 1,360 shares during the last quarter. Crestwood Advisors Group LLC lifted its position in iShares Russell 2000 Value ETF by 20.5% in the 4th quarter. Crestwood Advisors Group LLC now owns 2,055 shares of the company’s stock valued at $337,000 after purchasing an additional 350 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in iShares Russell 2000 Value ETF by 33.1% in the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 3,374 shares of the company’s stock valued at $554,000 after purchasing an additional 840 shares during the last quarter. Finally, Checchi Capital Advisers LLC bought a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at about $2,811,000.

iShares Russell 2000 Value ETF Stock Down 1.1%

Shares of NYSEARCA:IWN opened at $155.13 on Thursday. The company has a market cap of $10.81 billion, a PE ratio of 13.37 and a beta of 1.08. The company’s 50-day moving average price is $150.38 and its 200 day moving average price is $156.56. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $183.51.

About iShares Russell 2000 Value ETF

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.