Somerset Group LLC Decreases Position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO)

Somerset Group LLC lessened its position in iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 1.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,280 shares of the exchange traded fund’s stock after selling 125 shares during the period. iShares Russell 2000 Growth ETF accounts for 2.1% of Somerset Group LLC’s investment portfolio, making the stock its 16th biggest position. Somerset Group LLC’s holdings in iShares Russell 2000 Growth ETF were worth $2,495,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sound View Wealth Advisors Group LLC boosted its stake in shares of iShares Russell 2000 Growth ETF by 1.9% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 2,271 shares of the exchange traded fund’s stock valued at $551,000 after purchasing an additional 43 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in iShares Russell 2000 Growth ETF by 0.4% during the second quarter. Pinnacle Associates Ltd. now owns 12,201 shares of the exchange traded fund’s stock worth $2,961,000 after acquiring an additional 45 shares in the last quarter. Clear Investment Research LLC boosted its stake in iShares Russell 2000 Growth ETF by 3.2% during the first quarter. Clear Investment Research LLC now owns 1,501 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 46 shares in the last quarter. Highland Capital Management LLC boosted its stake in iShares Russell 2000 Growth ETF by 0.7% during the second quarter. Highland Capital Management LLC now owns 6,888 shares of the exchange traded fund’s stock worth $1,671,000 after acquiring an additional 50 shares in the last quarter. Finally, B.O.S.S. Retirement Advisors LLC boosted its stake in iShares Russell 2000 Growth ETF by 5.6% during the second quarter. B.O.S.S. Retirement Advisors LLC now owns 988 shares of the exchange traded fund’s stock worth $240,000 after acquiring an additional 52 shares in the last quarter.

iShares Russell 2000 Growth ETF Price Performance

NYSEARCA:IWO traded down $2.05 during mid-day trading on Tuesday, hitting $223.25. 69,702 shares of the company’s stock were exchanged, compared to its average volume of 469,582. The company has a market cap of $9.30 billion, a PE ratio of 17.55 and a beta of 1.15. iShares Russell 2000 Growth ETF has a one year low of $203.42 and a one year high of $255.10. The business has a fifty day moving average price of $218.97 and a 200 day moving average price of $231.28.

About iShares Russell 2000 Growth ETF

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market.