Peapack Gladstone Financial Corp Sells 9,856 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Peapack Gladstone Financial Corp lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 137,698 shares of the company’s stock after selling 9,856 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares S&P 500 Growth ETF were worth $13,981,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in iShares S&P 500 Growth ETF by 1.7% in the fourth quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after acquiring an additional 764,970 shares during the period. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 14.4% in the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after purchasing an additional 2,257,493 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares S&P 500 Growth ETF by 6.4% in the 4th quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock worth $1,685,672,000 after purchasing an additional 999,882 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after purchasing an additional 148,960 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $456,880,000.

iShares S&P 500 Growth ETF Stock Down 6.1 %

iShares S&P 500 Growth ETF stock opened at $83.65 on Monday. The firm has a market cap of $46.05 billion, a P/E ratio of 30.22 and a beta of 1.08. The business has a fifty day moving average of $99.33 and a two-hundred day moving average of $99.84. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14.

iShares S&P 500 Growth ETF Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.