Hyundai Investments Co. Ltd. Takes Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Hyundai Investments Co. Ltd. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,854 shares of the company’s stock, valued at approximately $839,000. iShares S&P Small-Cap 600 Growth ETF comprises about 0.8% of Hyundai Investments Co. Ltd.’s portfolio, making the stock its 6th largest position.

Other hedge funds have also made changes to their positions in the company. Signature Resources Capital Management LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% during the 4th quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock valued at $27,000 after acquiring an additional 188 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% during the 4th quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock valued at $31,000 after acquiring an additional 154 shares during the last quarter. North Star Investment Management Corp. increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 102.4% during the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock valued at $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 during the 4th quarter valued at about $36,000. Finally, Biltmore Family Office LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Performance

Shares of NASDAQ IJT opened at $170.12 on Tuesday. The firm has a market cap of $7.71 billion, a price-to-earnings ratio of 20.21 and a beta of 1.06. The business’s 50-day simple moving average is $160.21 and its 200-day simple moving average is $151.72. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $127.77 and a 52 week high of $171.53.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Monday, June 15th will be paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, June 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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.