Baer Investment Advisory LLC Takes $3.10 Million Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Baer Investment Advisory LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 21,420 shares of the company’s stock, valued at approximately $3,100,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,531,028 shares of the company’s stock worth $4,733,240,000 after purchasing an additional 32,712,932 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.6% in the 3rd quarter. UBS Group AG now owns 1,068,064 shares of the company’s stock valued at $151,131,000 after purchasing an additional 6,157 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.5% in the 4th quarter. LPL Financial LLC now owns 957,106 shares of the company’s stock valued at $135,105,000 after purchasing an additional 4,940 shares in the last quarter. Brown Advisory Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 55.9% in the fourth quarter. Brown Advisory Inc. now owns 836,147 shares of the company’s stock valued at $118,031,000 after purchasing an additional 299,807 shares during the period. Finally, M&T Bank Corp lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 31.2% in the third quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock valued at $77,850,000 after purchasing an additional 130,915 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 Stock Performance

Shares of IJT opened at $175.89 on Friday. The firm’s 50-day moving average is $165.48 and its two-hundred day moving average is $154.57. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $129.88 and a twelve month high of $179.65. The firm has a market capitalization of $8.10 billion, a P/E ratio of 20.21 and a beta of 1.04.

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

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

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.