Park Place Capital Corp Sells 5,453 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Park Place Capital Corp lowered its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,332 shares of the company’s stock after selling 5,453 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 1.6% of Park Place Capital Corp’s investment portfolio, making the stock its 14th biggest holding. Park Place Capital Corp’s holdings in iShares S&P 500 Growth ETF were worth $4,935,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Texas Capital Bancshares Inc TX increased its stake in shares of iShares S&P 500 Growth ETF by 4.1% during the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after purchasing an additional 122 shares during the period. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares during the period. Kessler Investment Group LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.8% during the fourth quarter. Kessler Investment Group LLC now owns 15,887 shares of the company’s stock worth $1,193,000 after purchasing an additional 129 shares during the period. Meridian Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 0.6% during the 4th quarter. Meridian Wealth Advisors LLC now owns 23,696 shares of the company’s stock worth $1,780,000 after acquiring an additional 136 shares during the period. Finally, ICA Group Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 2.6% during the 4th quarter. ICA Group Wealth Management LLC now owns 5,535 shares of the company’s stock worth $416,000 after acquiring an additional 139 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded down $1.92 during mid-day trading on Friday, reaching $87.65. 5,776,274 shares of the company were exchanged, compared to its average volume of 3,273,282. The company has a fifty day simple moving average of $91.74 and a 200-day simple moving average of $85.81. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The firm has a market cap of $45.92 billion, a PE ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.