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

Penobscot Investment Management Company Inc. reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,672 shares of the company’s stock after selling 801 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,588,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. UNIVEST FINANCIAL Corp purchased a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth about $1,416,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $35,000. Zions Bancorporation N.A. increased its stake in shares of iShares Russell 2000 Value ETF by 3.1% during the fourth quarter. Zions Bancorporation N.A. now owns 9,628 shares of the company’s stock worth $1,581,000 after buying an additional 290 shares during the period. Segall Bryant & Hamill LLC raised its holdings in iShares Russell 2000 Value ETF by 5.2% in the fourth quarter. Segall Bryant & Hamill LLC now owns 33,123 shares of the company’s stock valued at $5,438,000 after acquiring an additional 1,632 shares in the last quarter. Finally, CoreFirst Bank & Trust purchased a new position in iShares Russell 2000 Value ETF in the fourth quarter worth approximately $86,000.

iShares Russell 2000 Value ETF Trading Down 0.4 %

Shares of NYSEARCA:IWN opened at $154.58 on Thursday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The company’s 50 day moving average is $161.94 and its two-hundred day moving average is $166.46. The company has a market cap of $11.30 billion, a PE ratio of 13.99 and a beta of 1.18.

iShares Russell 2000 Value ETF Company Profile

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.