493,015 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 493,015 shares of the company’s stock, valued at approximately $79,045,000.

Several other institutional investors and hedge funds have also modified their holdings of IJT. Albion Financial Group UT acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $26,000. Signaturefd LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at approximately $28,000. Ashton Thomas Securities LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth approximately $37,000. Horizons Wealth Management bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $43,000. Finally, Financial Network Wealth Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth about $52,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

Shares of NASDAQ:IJT traded up $1.18 during midday trading on Friday, reaching $161.31. The company had a trading volume of 118,073 shares, compared to its average volume of 170,114. The stock has a market cap of $7.32 billion, a PE ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $132.98 and a 1-year high of $179.68. The business’s 50 day moving average price is $163.85 and its 200 day moving average price is $161.76.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.36 dividend. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%.

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.