Park Place Capital Corp Sells 5,397 Shares of iShares S&P Mid-Cap 400 Growth ETF $IJK

Park Place Capital Corp lowered its stake in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 27.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 14,347 shares of the company’s stock after selling 5,397 shares during the quarter. Park Place Capital Corp’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,314,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Focus Financial Network Inc. raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.5% during the second quarter. Focus Financial Network Inc. now owns 6,917 shares of the company’s stock worth $629,000 after purchasing an additional 237 shares during the period. Advisors Capital Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF during the first quarter worth about $244,000. Summit Financial LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.9% during the first quarter. Summit Financial LLC now owns 11,923 shares of the company’s stock worth $993,000 after purchasing an additional 560 shares during the period. Parallel Advisors LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 18.8% during the second quarter. Parallel Advisors LLC now owns 8,611 shares of the company’s stock worth $783,000 after purchasing an additional 1,360 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF by 3.2% during the first quarter. LPL Financial LLC now owns 1,405,306 shares of the company’s stock worth $117,034,000 after purchasing an additional 43,680 shares during the period. Institutional investors and hedge funds own 67.99% of the company’s stock.

iShares S&P Mid-Cap 400 Growth ETF Price Performance

NYSEARCA IJK opened at $95.88 on Tuesday. The firm has a market cap of $9.21 billion, a P/E ratio of 22.45 and a beta of 1.08. The stock’s 50-day moving average is $94.71 and its 200-day moving average is $89.33. iShares S&P Mid-Cap 400 Growth ETF has a one year low of $71.69 and a one year high of $100.01.

iShares S&P Mid-Cap 400 Growth ETF Profile

iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth 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 MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics.