Concurrent Investment Advisors LLC Acquires 4,712 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Concurrent Investment Advisors LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 10.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,809 shares of the company’s stock after acquiring an additional 4,712 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $6,760,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock worth $110,723,000 after acquiring an additional 46,427 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 13.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after acquiring an additional 95,583 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3.2% during the first quarter. Commonwealth Equity Services LLC now owns 504,285 shares of the company’s stock worth $62,783,000 after acquiring an additional 15,629 shares in the last quarter. HighTower Advisors LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 2.4% in the 1st quarter. HighTower Advisors LLC now owns 361,901 shares of the company’s stock worth $45,057,000 after purchasing an additional 8,540 shares in the last quarter. Finally, Brown Advisory Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 16.8% in the 1st quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock worth $36,898,000 after purchasing an additional 42,548 shares in the last quarter. 55.81% of the stock is owned by institutional investors.

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

Shares of IJT stock opened at $136.54 on Monday. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $107.38 and a 52-week high of $152.05. The company has a 50-day simple moving average of $139.79 and a two-hundred day simple moving average of $131.85. The company has a market capitalization of $6.04 billion, a price-to-earnings ratio of 20.21 and a beta of 1.13.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.314 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 16th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29.

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.