Northwestern Mutual Wealth Management Co. Boosts Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 832,893 shares of the company’s stock after buying an additional 14,797 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.88% of iShares S&P Small-Cap 600 Growth ETF worth $117,571,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Essex Financial Services Inc. raised its stake in iShares S&P Small-Cap 600 Growth ETF by 1.0% during the 3rd quarter. Essex Financial Services Inc. now owns 7,237 shares of the company’s stock worth $1,024,000 after acquiring an additional 72 shares during the period. Taylor Financial Group Inc. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% in the fourth quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after purchasing an additional 79 shares during the period. Hazlett Burt & Watson Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.7% in the third quarter. Hazlett Burt & Watson Inc. now owns 2,402 shares of the company’s stock worth $342,000 after purchasing an additional 85 shares in the last quarter. Capital Investment Counsel LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.1% in the third quarter. Capital Investment Counsel LLC now owns 1,816 shares of the company’s stock worth $257,000 after purchasing an additional 88 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3.5% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock valued at $372,000 after purchasing an additional 88 shares during the period. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.6%

Shares of IJT opened at $163.34 on Friday. The business’s 50 day moving average is $155.62 and its 200 day moving average is $149.55. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $126.55 and a 12-month high of $165.61. The company has a market capitalization of $7.40 billion, a PE ratio of 20.21 and a beta of 1.07.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were given a dividend of $0.22 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.88 annualized dividend and a yield of 0.5%.

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