Peapack Gladstone Financial Corp Raises Holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Peapack Gladstone Financial Corp raised its stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 27.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,504 shares of the company’s stock after purchasing an additional 13,740 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in iShares Core S&P 500 ETF were worth $36,630,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $33,000. 1620 Investment Advisors Inc. purchased a new position in iShares Core S&P 500 ETF in the second quarter valued at about $36,000. Cedar Wealth Management LLC raised its position in iShares Core S&P 500 ETF by 139.3% in the third quarter. Cedar Wealth Management LLC now owns 67 shares of the company’s stock valued at $39,000 after purchasing an additional 39 shares during the period. Kennebec Savings Bank purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $40,000. Finally, Brooklyn Investment Group purchased a new position in iShares Core S&P 500 ETF in the third quarter valued at about $42,000.

iShares Core S&P 500 ETF Price Performance

NYSEARCA:IVV opened at $607.35 on Friday. The business’s 50-day moving average is $591.97 and its two-hundred day moving average is $566.14. iShares Core S&P 500 ETF has a 12 month low of $466.30 and a 12 month high of $612.09. The firm has a market capitalization of $524.08 billion, a PE ratio of 25.23 and a beta of 0.99.

About iShares Core S&P 500 ETF

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.