iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 52-Week High – Here’s What Happened

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $165.02 and last traded at $164.98, with a volume of 205445 shares traded. The stock had previously closed at $161.93.

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

The firm’s 50-day simple moving average is $153.99 and its 200 day simple moving average is $148.93. The company has a market cap of $7.48 billion, a P/E ratio of 20.21 and a beta of 1.07.

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. Investors of record on Tuesday, March 17th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IJT. Signature Resources Capital Management LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after purchasing an additional 188 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% in the 4th quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock valued at $31,000 after buying an additional 154 shares in the last quarter. North Star Investment Management Corp. raised its stake in iShares S&P Small-Cap 600 Growth ETF by 102.4% during the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after buying an additional 130 shares during the period. Smartleaf Asset Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth $36,000. Finally, Ashton Thomas Securities LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the first quarter worth about $37,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

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.

Further Reading

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