Heritage Investors Management Corp Acquires New Shares in iShares S&P Small-Cap 600 Growth ETF $IJT

Heritage Investors Management Corp acquired a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,600 shares of the company’s stock, valued at approximately $213,000.

A number of other large investors have also recently added to or reduced their stakes in the business. World Investment Advisors lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 968.9% during the second quarter. World Investment Advisors now owns 179,400 shares of the company’s stock worth $23,867,000 after purchasing an additional 162,617 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in 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 purchasing an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $9,473,000. Cordatus Wealth Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the first quarter worth $7,713,000. Finally, LPL Financial LLC lifted its stake in 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 purchasing an additional 46,427 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Down 1.2%

NASDAQ:IJT opened at $139.38 on Friday. The stock’s fifty day moving average is $141.32 and its two-hundred day moving average is $134.11. 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 stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of 20.21 and a beta of 1.09.

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. Shareholders of record on Tuesday, September 16th were given a $0.314 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 annualized dividend 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.

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.