Pinnacle Wealth Management Advisory Group LLC Cuts Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Pinnacle Wealth Management Advisory Group LLC reduced its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 14.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,743 shares of the company’s stock after selling 479 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $343,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $30,000. Stephens Consulting LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 94.0% during the 4th quarter. Stephens Consulting LLC now owns 260 shares of the company’s stock worth $33,000 after buying an additional 126 shares during the last quarter. Assetmark Inc. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 196.0% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock worth $41,000 after acquiring an additional 245 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 532.8% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 424 shares of the company’s stock valued at $46,000 after acquiring an additional 357 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $49,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.9 %

Shares of NASDAQ IJT traded up $1.17 during midday trading on Thursday, hitting $130.16. The company had a trading volume of 70,559 shares, compared to its average volume of 113,072. The business has a 50-day simple moving average of $126.75 and a two-hundred day simple moving average of $121.22. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $102.64 and a twelve month high of $131.48. The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of 14.69 and a beta of 1.12.

iShares S&P Small-Cap 600 Growth ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a dividend of $0.2191 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend was Thursday, March 21st.

iShares S&P Small-Cap 600 Growth ETF Profile

iShares S&P Small-Cap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest growth characteristics.