Ifrah Financial Services Inc. Raises Stock Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Ifrah Financial Services Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.1% during the second quarter, Holdings Channel reports. The institutional investor owned 53,093 shares of the company’s stock after buying an additional 593 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises approximately 1.9% of Ifrah Financial Services Inc.’s investment portfolio, making the stock its 14th largest holding. Ifrah Financial Services Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $7,063,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IJT. Kingswood Wealth Advisors LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 29.6% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 1,920 shares of the company’s stock worth $239,000 after buying an additional 439 shares during the last quarter. True Link Financial Advisors LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth approximately $599,000. World Equity Group Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth approximately $322,000. Rodgers & Associates LTD grew its position in iShares S&P Small-Cap 600 Growth ETF by 2.9% during the 1st quarter. Rodgers & Associates LTD now owns 69,170 shares of the company’s stock worth $8,612,000 after purchasing an additional 1,973 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth approximately $202,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.0%

NASDAQ:IJT opened at $140.38 on Friday. The company has a market cap of $6.22 billion, a PE ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $107.38 and a twelve month high of $152.05. The company’s 50 day moving average is $140.45 and its two-hundred day moving average is $132.31.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.314 per share. 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.

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.