Diversified Management Inc. Has $2.79 Million Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Diversified Management Inc. grew its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 40.4% in the 2nd quarter, Holdings Channel reports. The fund owned 15,612 shares of the company’s stock after purchasing an additional 4,491 shares during the quarter. Diversified Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,788,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sapient Capital LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth $234,000. Rockland Trust Co. acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at $213,000. Thrive Wealth Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at $205,000. CoreCap Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 29.6% in the 2nd quarter. CoreCap Advisors LLC now owns 337 shares of the company’s stock valued at $60,000 after purchasing an additional 77 shares during the period. Finally, jvl associates llc boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.6% in the 2nd quarter. jvl associates llc now owns 3,605 shares of the company’s stock valued at $644,000 after purchasing an additional 345 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

NASDAQ IJT opened at $176.42 on Wednesday. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04. The company’s fifty day moving average is $172.29 and its two-hundred day moving average is $159.96. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $132.98 and a 52-week high of $179.68.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2566 per share. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th.

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.