Peapack Gladstone Financial Corp Has $45.74 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Peapack Gladstone Financial Corp cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,805 shares of the exchange traded fund’s stock after selling 1,907 shares during the period. Peapack Gladstone Financial Corp owned approximately 0.07% of iShares Russell 2000 ETF worth $45,737,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. LGL Partners LLC raised its position in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares during the period. Rinkey Investments raised its position in shares of iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 40 shares during the period. Moody Lynn & Lieberson LLC raised its position in shares of iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 41 shares during the period. Northern Financial Advisors Inc raised its position in shares of iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 45 shares during the period. Finally, Punch & Associates Investment Management Inc. raised its position in shares of iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 45 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $290.43 on Monday. The stock’s fifty day moving average is $269.62 and its 200-day moving average is $259.84. The firm has a market capitalization of $80.65 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $202.67 and a 12-month high of $292.74.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.