Godfrey Financial Associates Inc. Invests $558,000 in iShares S&P Small-Cap 600 Growth ETF $IJT

Godfrey Financial Associates Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, Holdings Channel.com reports. The fund bought 3,951 shares of the company’s stock, valued at approximately $558,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,531,028 shares of the company’s stock worth $4,733,240,000 after purchasing an additional 32,712,932 shares in the last quarter. UBS Group AG grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.6% during the third quarter. UBS Group AG now owns 1,068,064 shares of the company’s stock worth $151,131,000 after buying an additional 6,157 shares during the last quarter. M&T Bank Corp grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 31.2% during the third quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock worth $77,850,000 after buying an additional 130,915 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 27.2% during the third quarter. Raymond James Financial Inc. now owns 460,368 shares of the company’s stock worth $65,142,000 after buying an additional 98,568 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.3% during the fourth quarter. HighTower Advisors LLC now owns 368,628 shares of the company’s stock worth $52,036,000 after buying an additional 4,571 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.4%

NASDAQ IJT opened at $164.45 on Thursday. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $126.55 and a 52-week high of $165.61. The business’s 50-day moving average price is $154.84 and its 200 day moving average price is $149.28. The firm has a market cap of $7.45 billion, a P/E ratio of 20.21 and a beta of 1.07.

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

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.5%.

About iShares S&P Small-Cap 600 Growth ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.