Peapack Gladstone Financial Corp Buys 1,659 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Peapack Gladstone Financial Corp grew its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 3.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,168 shares of the company’s stock after purchasing an additional 1,659 shares during the quarter. Peapack Gladstone Financial Corp owned about 0.07% of iShares S&P Small-Cap 600 Value ETF worth $5,557,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Palouse Capital Management Inc. bought a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $27,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $29,000. Millstone Evans Group LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth approximately $33,000. Pacific Center for Financial Services bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter valued at approximately $43,000. Finally, Register Financial Advisors LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $44,000.

iShares S&P Small-Cap 600 Value ETF Trading Down 4.3 %

IJS opened at $87.79 on Monday. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 13.09 and a beta of 1.08. The stock has a fifty day simple moving average of $103.52 and a two-hundred day simple moving average of $107.90. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $85.40 and a 12-month high of $119.28.

iShares S&P Small-Cap 600 Value ETF Company Profile

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics.