Brookstone Capital Management Reduces Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Brookstone Capital Management lowered its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 14.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,607 shares of the company’s stock after selling 1,666 shares during the period. Brookstone Capital Management’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Janney Montgomery Scott LLC lifted 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 worth $3,699,000 after buying an additional 84 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.5% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 5,688 shares of the company’s stock worth $757,000 after buying an additional 86 shares during the period. Meridian Financial LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 2.1% in the 2nd quarter. Meridian Financial LLC now owns 4,489 shares of the company’s stock worth $597,000 after buying an additional 91 shares during the period. Wealthcare Advisory Partners LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 8,001 shares of the company’s stock worth $1,064,000 after acquiring an additional 95 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.1% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 9,230 shares of the company’s stock worth $1,149,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of NASDAQ:IJT opened at $143.69 on Friday. 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 firm has a market capitalization of $6.37 billion, a P/E ratio of 20.21 and a beta of 1.13. The stock has a 50 day moving average price of $140.95 and a 200-day moving average price of $133.41.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a dividend of $0.314 per share. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. 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%.

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.