iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 12-Month High – Here’s What Happened

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $165.02 and last traded at $164.98, with a volume of 205445 shares changing hands. The stock had previously closed at $161.93.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.0%

The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 20.21 and a beta of 1.07. The stock has a fifty day moving average of $155.22 and a 200-day moving average of $149.46.

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

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

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of hedge funds have recently modified their holdings of IJT. Signature Resources Capital Management LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after acquiring an additional 188 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% in the 4th quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after acquiring an additional 154 shares during the last quarter. North Star Investment Management Corp. grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 102.4% in the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after acquiring an additional 130 shares during the last quarter. Smartleaf Asset Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $36,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth $37,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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.