Pathway Financial Advisors LLC Sells 532 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Pathway Financial Advisors LLC lessened its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.1% during the second quarter, Holdings Channel.com reports. The firm owned 16,404 shares of the company’s stock after selling 532 shares during the period. Pathway Financial Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,182,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IJT. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 13.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after purchasing an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth about $9,473,000. Cordatus Wealth Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth about $7,713,000. LPL Financial LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock worth $110,723,000 after purchasing an additional 46,427 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 16.8% during 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. Institutional investors own 55.81% of the company’s stock.

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

IJT stock opened at $136.54 on Monday. The stock has a market capitalization of $6.04 billion, a PE ratio of 20.21 and a beta of 1.13. The company’s 50-day moving average is $139.79 and its 200-day moving average is $131.85. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $107.38 and a 1 year high of $152.05.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $0.314 dividend. This represents a $1.26 annualized dividend 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.