iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Bought by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,344 shares of the company’s stock after acquiring an additional 7,046 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares S&P 500 Value ETF were worth $21,361,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Lantz Financial LLC lifted its position in shares of iShares S&P 500 Value ETF by 5.2% during the 2nd quarter. Lantz Financial LLC now owns 13,979 shares of the company’s stock worth $2,544,000 after purchasing an additional 687 shares during the last quarter. ORG Partners LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at $150,000. Brookstone Capital Management raised its stake in iShares S&P 500 Value ETF by 1.8% during the 2nd quarter. Brookstone Capital Management now owns 69,956 shares of the company’s stock worth $13,313,000 after buying an additional 1,262 shares during the period. Sutton Place Investors LLC raised its stake in iShares S&P 500 Value ETF by 9.3% during the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after buying an additional 483 shares during the period. Finally, Everpar Advisors LLC acquired a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth $264,000.

iShares S&P 500 Value ETF Trading Down 0.4 %

IVE stock opened at $198.55 on Friday. The stock has a market cap of $35.57 billion, a PE ratio of 23.79 and a beta of 0.81. The stock has a 50-day moving average price of $199.85 and a two-hundred day moving average price of $192.17. iShares S&P 500 Value ETF has a 1 year low of $168.90 and a 1 year high of $206.63.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 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 S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.