Midwest Trust Co Purchases New Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Midwest Trust Co purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 2nd quarter, Holdings Channel reports. The fund purchased 8,061 shares of the company’s stock, valued at approximately $1,072,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 60.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 7,982 shares of the company’s stock worth $994,000 after buying an additional 3,018 shares during the period. Stevens Capital Partners lifted its position in iShares S&P Small-Cap 600 Growth ETF by 47.5% during the first quarter. Stevens Capital Partners now owns 11,717 shares of the company’s stock worth $1,459,000 after acquiring an additional 3,771 shares during the last quarter. Burling Wealth Partners LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 7.6% during the first quarter. Burling Wealth Partners LLC now owns 1,636 shares of the company’s stock worth $204,000 after acquiring an additional 116 shares during the period. Kestra Private Wealth Services LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 9.9% in the first quarter. Kestra Private Wealth Services LLC now owns 83,997 shares of the company’s stock valued at $10,458,000 after purchasing an additional 7,592 shares during the last quarter. Finally, Calton & Associates Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 82.4% during the first quarter. Calton & Associates Inc. now owns 8,351 shares of the company’s stock worth $1,040,000 after purchasing an additional 3,773 shares during the period. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.2%

NASDAQ:IJT opened at $140.92 on Wednesday. The stock has a 50 day simple moving average of $141.11 and a 200 day simple moving average of $135.61. The stock has a market cap of $6.30 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $152.05.

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. Investors of record on Tuesday, September 16th were paid a $0.314 dividend. This represents a $1.26 annualized dividend 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.