Peapack Gladstone Financial Corp Boosts Stake in iShares Core S&P 500 ETF $IVV

Peapack Gladstone Financial Corp grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 74,528 shares of the company’s stock after buying an additional 2,502 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $51,047,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IVV. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core S&P 500 ETF during the 4th quarter valued at $29,000. GS Investments Inc. raised its position in iShares Core S&P 500 ETF by 83.3% in the 4th quarter. GS Investments Inc. now owns 44 shares of the company’s stock worth $30,000 after purchasing an additional 20 shares during the period. Palouse Capital Management Inc. purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth $38,000. Imprint Wealth LLC purchased a new position in iShares Core S&P 500 ETF in the 3rd quarter worth $39,000. Finally, Dorato Capital Management purchased a new position in iShares Core S&P 500 ETF in the 4th quarter worth $55,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Price Performance

Shares of NYSEARCA:IVV opened at $760.05 on Monday. The stock has a market cap of $839.29 billion, a PE ratio of 25.10 and a beta of 1.00. The company’s fifty day moving average is $706.11 and its 200 day moving average is $692.99. iShares Core S&P 500 ETF has a 52 week low of $586.05 and a 52 week high of $761.65.

iShares Core S&P 500 ETF Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.