Peapack Gladstone Financial Corp Trims Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Peapack Gladstone Financial Corp reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,793 shares of the company’s stock after selling 806 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares Russell Mid-Cap ETF were worth $2,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Synovus Financial Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock valued at $91,835,000 after purchasing an additional 5,247 shares during the period. World Investment Advisors LLC boosted its holdings in iShares Russell Mid-Cap ETF by 11.6% in the 3rd quarter. World Investment Advisors LLC now owns 10,989 shares of the company’s stock valued at $969,000 after purchasing an additional 1,143 shares during the last quarter. Sanctuary Advisors LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 4.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 223,190 shares of the company’s stock valued at $21,098,000 after buying an additional 9,678 shares during the period. Anchor Investment Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 20.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,168 shares of the company’s stock worth $103,000 after buying an additional 198 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 1.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock valued at $1,112,000 after buying an additional 121 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.62 on Friday. The stock has a 50 day moving average of $91.39 and a 200 day moving average of $86.34. The firm has a market capitalization of $38.26 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $75.00 and a fifty-two week high of $96.00.

iShares Russell Mid-Cap ETF Company Profile

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap 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 Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market.