Single Item Holder for Pegboard

Okay, so I don't know what to call this thing, but I have found it pretty useful so I thought I'd share. I needed something to hold a single small tool to my pegboard.

In this case it was the little grabber thingy from my tool kit - you know? The thing you pick up screws with when you drop them somewhere you cannot reach.

Turns out, this also holds screw drivers and other single shaft tools as well. (see pictures) I have the rack types already for my driver sets, but I still had a couple r