iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 12-Month High – Here’s What Happened

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $179.68 and last traded at $179.41, with a volume of 112246 shares traded. The stock had previously closed at $179.07.

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

The company has a 50 day moving average of $170.97 and a 200 day moving average of $159.05. The stock has a market capitalization of $8.48 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2566 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Fortress Financial Group LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 9.8% during the 4th quarter. Fortress Financial Group LLC now owns 51,334 shares of the company’s stock worth $7,246,000 after purchasing an additional 4,579 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 4.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 138,390 shares of the company’s stock valued at $19,535,000 after purchasing an additional 5,939 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1,290.3% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,879 shares of the company’s stock valued at $548,000 after purchasing an additional 3,600 shares during the last quarter. Diversified Management Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $871,000. Finally, Sanctuary Advisors LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 18.4% during the fourth quarter. Sanctuary Advisors LLC now owns 39,123 shares of the company’s stock worth $5,523,000 after buying an additional 6,079 shares in the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

About iShares S&P Small-Cap 600 Growth ETF

(Get Free Report)

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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