HB Wealth Management LLC Raises Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

HB Wealth Management LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 29.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 30,254 shares of the company’s stock after purchasing an additional 6,815 shares during the period. HB Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $4,378,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% in the fourth 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. Brown Advisory Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 55.9% during the 4th quarter. Brown Advisory Inc. now owns 836,147 shares of the company’s stock valued at $118,031,000 after buying an additional 299,807 shares in the last quarter. AlphaCore Capital LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 258,421.1% during the 4th quarter. AlphaCore Capital LLC now owns 196,476 shares of the company’s stock valued at $27,735,000 after buying an additional 196,400 shares in the last quarter. Arax Advisory Partners bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $18,644,000. Finally, M&T Bank Corp boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 31.2% in the 3rd quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock worth $77,850,000 after buying an additional 130,915 shares during the period. 55.81% of the stock is currently owned by institutional investors.

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

Shares of IJT stock opened at $175.89 on Monday. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $129.88 and a 52-week high of $179.65. The firm has a market capitalization of $8.12 billion, a PE ratio of 20.21 and a beta of 1.04. The stock has a fifty day simple moving average of $165.48 and a two-hundred day simple moving average of $154.63.

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

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