iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Plans Dividend Increase – $0.36 Per Share

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Free Report) announced a quarterly dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.36 per share on Friday, September 18th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Tuesday, September 15th. This is a 40.3% increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.26.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.9%

iShares S&P Small-Cap 600 Growth ETF stock opened at $164.93 on Tuesday. The stock has a 50 day moving average of $172.95 and a two-hundred day moving average of $163.47. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $132.98 and a twelve month high of $179.68. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brown Advisory Inc. raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 55.9% in the 4th quarter. Brown Advisory Inc. now owns 836,147 shares of the company’s stock valued at $118,031,000 after acquiring an additional 299,807 shares during the period. Arax Advisory Partners purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth $18,644,000. Corient Private Wealth LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 153.4% during the 4th quarter. Corient Private Wealth LLC now owns 123,867 shares of the company’s stock worth $17,485,000 after purchasing an additional 74,993 shares during the period. Blue Edge Capital LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at $8,013,000. Finally, NBT Bank N A NY increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 1,207.6% in the 1st quarter. NBT Bank N A NY now owns 46,615 shares of the company’s stock valued at $6,746,000 after purchasing an additional 43,050 shares in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

About iShares S&P Small-Cap 600 Growth ETF

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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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Dividend History for iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

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