Short Interest in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Decreases By 34.1%

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 76,184 shares, a decrease of 34.1% from the July 30th total of 115,567 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 208,424 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors have recently added to or reduced their stakes in IJT. Serenity Investment Advisors increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.4% during the second quarter. Serenity Investment Advisors now owns 17,364 shares of the company’s stock valued at $3,001,000 after purchasing an additional 884 shares during the period. Ameritas Advisory Services LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 40.9% during the second quarter. Ameritas Advisory Services LLC now owns 3,392 shares of the company’s stock worth $606,000 after buying an additional 985 shares in the last quarter. HB Wealth Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 0.6% during the second quarter. HB Wealth Management LLC now owns 30,438 shares of the company’s stock worth $5,436,000 after buying an additional 184 shares in the last quarter. Angeles Wealth Management LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 86.8% in the 2nd quarter. Angeles Wealth Management LLC now owns 635 shares of the company’s stock valued at $113,000 after buying an additional 295 shares during the period. Finally, Tenet Wealth Partners LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at $529,000. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.9%

iShares S&P Small-Cap 600 Growth ETF stock traded up $1.54 during mid-day trading on Wednesday, reaching $169.22. The company had a trading volume of 22,785 shares, compared to its average volume of 151,670. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04. The company has a 50 day moving average of $174.39 and a 200-day moving average of $162.45. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $132.98 and a 52 week high of $179.68.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2566 per share. This is an increase 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%. The ex-dividend date of this dividend was Monday, June 15th.

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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