Peapack Gladstone Financial Corp Reduces Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Peapack Gladstone Financial Corp reduced its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,610 shares of the company’s stock after selling 1,150 shares during the quarter. Peapack Gladstone Financial Corp owned about 0.06% of iShares Russell 2000 Value ETF worth $7,652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $25,000. Crews Bank & Trust acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth approximately $25,000. Hoese & Co LLP purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $26,000. Financial Life Planners acquired a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $26,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth approximately $30,000.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $137.10 on Monday. The firm’s fifty day simple moving average is $159.28 and its 200-day simple moving average is $165.79. iShares Russell 2000 Value ETF has a 12 month low of $133.66 and a 12 month high of $183.51. The stock has a market capitalization of $10.02 billion, a price-to-earnings ratio of 13.99 and a beta of 1.18.

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.