Sowell Financial Services LLC lowered its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Free Report) by 55.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 40,900 shares of the company’s stock after selling 50,681 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $6,558,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. Albion Financial Group UT bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at approximately $26,000. Ashton Thomas Securities LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at approximately $37,000. Horizons Wealth Management bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth $43,000. Angeles Wealth Management LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 70.0% during the first quarter. Angeles Wealth Management LLC now owns 340 shares of the company’s stock valued at $49,000 after purchasing an additional 140 shares during the period. Finally, Advisortrust Partners LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $53,000. 55.81% of the stock is owned by hedge funds and other institutional investors.
iShares S&P Small-Cap 600 Growth ETF Trading Up 1.8%
NASDAQ IJT opened at $166.96 on Friday. The company’s 50 day moving average is $164.97 and its two-hundred day moving average is $161.32. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $132.98 and a 12 month high of $179.68.
iShares S&P Small-Cap 600 Growth ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.36 dividend. This is an increase 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 yield of 0.9%. The ex-dividend date was Tuesday, September 15th.
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.
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Want to see what other hedge funds are holding IJT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Free Report).
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