Cypress Capital Management LLC WY Sells 642 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Cypress Capital Management LLC WY reduced its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,023 shares of the company’s stock after selling 642 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up approximately 2.9% of Cypress Capital Management LLC WY’s holdings, making the stock its 9th largest holding. Cypress Capital Management LLC WY’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,664,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. World Investment Advisors grew its position in iShares S&P Small-Cap 600 Growth ETF by 968.9% in the second quarter. World Investment Advisors now owns 179,400 shares of the company’s stock valued at $23,867,000 after acquiring an additional 162,617 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 13.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock valued at $99,794,000 after purchasing an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $9,473,000. Cordatus Wealth Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth about $7,713,000. Finally, LPL Financial LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after purchasing an additional 46,427 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

NASDAQ:IJT opened at $139.83 on Friday. The firm has a market cap of $6.25 billion, a PE ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $107.38 and a 12 month high of $152.05. The company’s 50-day moving average price is $141.10 and its two-hundred day moving average price is $135.08.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a dividend of $0.314 per share. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. The ex-dividend date was Tuesday, September 16th. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%.

iShares S&P Small-Cap 600 Growth ETF Company 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.