Park Place Capital Corp Has $1.99 Million Stock Position in iShares S&P 500 Value ETF $IVE

Park Place Capital Corp lessened its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,651 shares of the company’s stock after selling 3,263 shares during the quarter. Park Place Capital Corp’s holdings in iShares S&P 500 Value ETF were worth $1,993,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in iShares S&P 500 Value ETF by 12.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after buying an additional 2,339,857 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares S&P 500 Value ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 17,895,697 shares of the company’s stock worth $3,497,177,000 after acquiring an additional 119,534 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 19.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,590,004 shares of the company’s stock valued at $493,603,000 after purchasing an additional 105,418 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 4.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,362,479 shares of the company’s stock valued at $461,676,000 after purchasing an additional 105,403 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $212.77 on Monday. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $214.90. The company has a market cap of $48.06 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The firm has a 50 day simple moving average of $210.71 and a 200 day simple moving average of $204.65.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.