Peapack Gladstone Financial Corp Takes Position in iShares Core S&P U.S. Value ETF (NASDAQ:IUSV)

Peapack Gladstone Financial Corp purchased a new stake in shares of iShares Core S&P U.S. Value ETF (NASDAQ:IUSV) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,430 shares of the company’s stock, valued at approximately $233,000.

A number of other institutional investors have also added to or reduced their stakes in IUSV. Wilmington Savings Fund Society FSB bought a new position in iShares Core S&P U.S. Value ETF in the 3rd quarter valued at $202,000. World Investment Advisors LLC grew its position in iShares Core S&P U.S. Value ETF by 180.4% during the third quarter. World Investment Advisors LLC now owns 10,502 shares of the company’s stock valued at $1,003,000 after buying an additional 6,757 shares during the period. Eaton Financial Holdings Company LLC purchased a new stake in iShares Core S&P U.S. Value ETF during the third quarter worth about $13,126,000. Sunbelt Securities Inc. raised its position in iShares Core S&P U.S. Value ETF by 33.7% in the third quarter. Sunbelt Securities Inc. now owns 47,789 shares of the company’s stock worth $4,563,000 after acquiring an additional 12,058 shares during the period. Finally, Continuum Advisory LLC boosted its stake in iShares Core S&P U.S. Value ETF by 17.5% in the third quarter. Continuum Advisory LLC now owns 1,828 shares of the company’s stock valued at $177,000 after acquiring an additional 272 shares during the last quarter.

iShares Core S&P U.S. Value ETF Stock Down 0.5 %

Shares of IUSV stock opened at $95.69 on Tuesday. iShares Core S&P U.S. Value ETF has a 12-month low of $82.41 and a 12-month high of $100.29. The company has a 50 day moving average of $96.99 and a 200-day moving average of $93.27. The firm has a market cap of $19.42 billion, a P/E ratio of 22.96 and a beta of 0.95.

iShares Core S&P U.S. Value ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.5824 per share. This is an increase from iShares Core S&P U.S. Value ETF’s previous dividend of $0.44. The ex-dividend date of this dividend was Wednesday, September 25th.

About iShares Core S&P U.S. Value ETF

The iShares Core S&P U.S. Value ETF (IUSV) is an exchange-traded fund that is based on the S&P 900 Value index. The fund tracks an index of large- and mid-cap value stocks in the US. The index selects from stocks ranked 1-3000 by market-cap based on 3 value factors. IUSV was launched on Jul 24, 2000 and is managed by BlackRock.