Peapack Gladstone Financial Corp Sells 4,549 Shares of iShares Russell Mid-Cap Value ETF $IWS

Peapack Gladstone Financial Corp lessened its holdings in shares of iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 15.1% during the 4th quarter, Holdings Channel reports. The firm owned 25,556 shares of the company’s stock after selling 4,549 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares Russell Mid-Cap Value ETF were worth $3,604,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in iShares Russell Mid-Cap Value ETF by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 3,759,738 shares of the company’s stock valued at $496,812,000 after purchasing an additional 16,361 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell Mid-Cap Value ETF by 1,160.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,153 shares of the company’s stock valued at $502,865,000 after purchasing an additional 3,282,372 shares during the period. TIAA Trust National Association raised its stake in iShares Russell Mid-Cap Value ETF by 1.0% during the 3rd quarter. TIAA Trust National Association now owns 3,427,479 shares of the company’s stock valued at $478,709,000 after purchasing an additional 34,466 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,856,534 shares of the company’s stock valued at $402,914,000 after purchasing an additional 33,247 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in iShares Russell Mid-Cap Value ETF by 3.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,128,123 shares of the company’s stock valued at $149,477,000 after purchasing an additional 36,938 shares during the period. Institutional investors own 80.17% of the company’s stock.

iShares Russell Mid-Cap Value ETF Price Performance

NYSEARCA IWS opened at $161.85 on Wednesday. The stock has a market capitalization of $15.42 billion, a PE ratio of 19.11 and a beta of 0.96. The business has a 50 day simple moving average of $153.60 and a two-hundred day simple moving average of $148.48. iShares Russell Mid-Cap Value ETF has a 1-year low of $127.69 and a 1-year high of $162.04.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market. The Value Index is a subset of the Russell Midcap Index and measures the performance of equity securities issued by those Russell Midcap Index companies with relatively lower price-to-book ratios and lower forecasted growth.