Foundry Partners LLC Raises Stock Holdings in Eltek Ltd. (NASDAQ:ELTK)

Foundry Partners LLC grew its position in Eltek Ltd. (NASDAQ:ELTK) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 242,470 shares of the technology company’s stock after acquiring an additional 30,200 shares during the quarter. Foundry Partners LLC’s holdings in Eltek were worth $2,645,000 as of its most recent SEC filing.

Separately, Renaissance Technologies LLC boosted its position in shares of Eltek by 1.5% during the second quarter. Renaissance Technologies LLC now owns 90,723 shares of the technology company’s stock worth $885,000 after buying an additional 1,300 shares during the period. Institutional investors and hedge funds own 64.58% of the company’s stock.

Eltek Trading Down 6.0 %

NASDAQ:ELTK opened at $10.93 on Friday. The firm has a market cap of $66.35 million, a PE ratio of 13.59 and a beta of 0.45. The stock has a fifty day moving average price of $10.76 and a 200 day moving average price of $10.57. Eltek Ltd. has a 12-month low of $9.00 and a 12-month high of $22.80.

Eltek Company Profile

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.