Avidian Wealth Enterprises LLC Sells 263 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Avidian Wealth Enterprises LLC lessened its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 6.3% in the second quarter, Holdings Channel reports. The institutional investor owned 3,902 shares of the company’s stock after selling 263 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $519,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Twelve Points Wealth Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at approximately $211,000. San Luis Wealth Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at approximately $4,000,000. Janney Montgomery Scott LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock valued at $3,699,000 after buying an additional 84 shares during the last quarter. LPL Financial LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after buying an additional 46,427 shares during the last quarter. Finally, Neumann Capital Management LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 3.1% in the 2nd quarter. Neumann Capital Management LLC now owns 28,560 shares of the company’s stock valued at $3,800,000 after buying an additional 860 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

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

Shares of NASDAQ IJT opened at $141.48 on Thursday. The company has a 50 day simple moving average of $140.73 and a 200 day simple moving average of $132.79. The firm has a market cap of $6.27 billion, a PE ratio of 20.21 and a beta of 1.13. 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 company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.314 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29.

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.