GHP Investment Advisors Inc. Trims Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

GHP Investment Advisors Inc. reduced its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 160,166 shares of the company’s stock after selling 1,564 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF accounts for 0.9% of GHP Investment Advisors Inc.’s holdings, making the stock its 22nd largest position. GHP Investment Advisors Inc. owned approximately 0.36% of iShares S&P Small-Cap 600 Growth ETF worth $21,309,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of IJT. World Investment Advisors increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 968.9% in the second quarter. World Investment Advisors now owns 179,400 shares of the company’s stock valued at $23,867,000 after buying an additional 162,617 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% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock valued at $99,794,000 after buying an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at approximately $9,473,000. Cordatus Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at approximately $7,713,000. Finally, LPL Financial LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the first 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 in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares S&P Small-Cap 600 Growth ETF stock opened at $139.63 on Friday. The stock has a market capitalization of $6.22 billion, a PE ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $107.38 and a 12 month high of $152.05. The business has a 50 day simple moving average of $141.27 and a 200-day simple moving average of $134.38.

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

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

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.