iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Strong Trading Volume – What’s Next?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 330,131 shares were traded during trading, an increase of 182% from the previous session’s volume of 117,167 shares.The stock last traded at $161.81 and had previously closed at $160.49.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 20.21 and a beta of 1.07. The company has a 50 day simple moving average of $151.98 and a 200 day simple moving average of $147.86.

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

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 17th.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lido Advisors LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 11.9% during the first quarter. Lido Advisors LLC now owns 82,662 shares of the company’s stock worth $11,962,000 after purchasing an additional 8,765 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 18.2% during the first quarter. Cetera Investment Advisers now owns 203,028 shares of the company’s stock worth $29,380,000 after purchasing an additional 31,251 shares during the last quarter. Signature Equity Partners LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 3.4% during the first quarter. Signature Equity Partners LLC now owns 6,203 shares of the company’s stock worth $898,000 after purchasing an additional 204 shares during the last quarter. NewEdge Wealth LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6.0% during the first quarter. NewEdge Wealth LLC now owns 1,560 shares of the company’s stock worth $226,000 after purchasing an additional 88 shares during the last quarter. Finally, Marin Bay Wealth Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at approximately $285,000. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Company Profile

(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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