Somerset Group LLC Has $1.76 Million Stock Holdings in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK)

Somerset Group LLC raised its position in shares of iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK) by 24.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,928 shares of the company’s stock after buying an additional 3,956 shares during the period. iShares S&P Mid-Cap 400 Growth ETF comprises 1.6% of Somerset Group LLC’s portfolio, making the stock its 21st biggest position. Somerset Group LLC’s holdings in iShares S&P Mid-Cap 400 Growth ETF were worth $1,756,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors raised its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 13.1% in the first quarter. Captrust Financial Advisors now owns 2,516,685 shares of the company’s stock worth $229,648,000 after acquiring an additional 291,305 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P Mid-Cap 400 Growth ETF by 4.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,639,159 shares of the company’s stock valued at $144,426,000 after purchasing an additional 70,035 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 22.4% during the 2nd quarter. LPL Financial LLC now owns 1,440,722 shares of the company’s stock worth $126,942,000 after buying an additional 263,700 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares S&P Mid-Cap 400 Growth ETF by 5.5% during the 2nd quarter. Raymond James & Associates now owns 1,217,840 shares of the company’s stock worth $107,304,000 after buying an additional 63,406 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in iShares S&P Mid-Cap 400 Growth ETF by 0.8% in the 2nd quarter. D.A. Davidson & CO. now owns 990,424 shares of the company’s stock valued at $87,266,000 after buying an additional 7,524 shares during the last quarter.

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

NYSEARCA IJK opened at $90.66 on Thursday. The stock has a market capitalization of $9.74 billion, a P/E ratio of 18.52 and a beta of 1.08. iShares S&P Mid-Cap 400 Growth ETF has a 52 week low of $67.63 and a 52 week high of $93.56. The stock has a fifty day moving average of $89.33 and a 200-day moving average of $88.80.

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.