iShares S&P Small-Cap 600 Growth ETF $IJT Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1,257.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 104,432 shares of the company’s stock after purchasing an additional 96,741 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up approximately 1.3% of Royal Fund Management LLC’s holdings, making the stock its 13th largest holding. Royal Fund Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $16,744,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IJT. Bank of America Corp DE grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 1.0% during the 1st quarter. Bank of America Corp DE now owns 2,046,459 shares of the company’s stock worth $296,143,000 after acquiring an additional 19,746 shares during the period. Royal Bank of Canada increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.0% in the 1st quarter. Royal Bank of Canada now owns 339,450 shares of the company’s stock worth $49,121,000 after acquiring an additional 13,190 shares during the last quarter. Beaumont Financial Advisors LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 1.2% in the 1st quarter. Beaumont Financial Advisors LLC now owns 249,133 shares of the company’s stock valued at $36,052,000 after acquiring an additional 3,035 shares during the period. Cetera Investment Advisers raised its stake in iShares S&P Small-Cap 600 Growth ETF by 18.2% in the 1st quarter. Cetera Investment Advisers now owns 203,028 shares of the company’s stock valued at $29,380,000 after acquiring an additional 31,251 shares during the period. Finally, Falcon Wealth Planning raised its stake in iShares S&P Small-Cap 600 Growth ETF by 6.2% in the 1st quarter. Falcon Wealth Planning now owns 178,532 shares of the company’s stock valued at $25,835,000 after acquiring an additional 10,478 shares during the period. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.2%

NASDAQ IJT opened at $161.80 on Friday. The company has a market cap of $7.58 billion, a PE ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $132.98 and a 52 week high of $179.68. The firm’s 50-day simple moving average is $166.15 and its two-hundred day simple moving average is $166.59.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.36 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. This represents a $1.44 annualized dividend and a dividend 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.