M1 Capital Management LLC Acquires Shares of 24,505 iShares S&P Small-Cap 600 Growth ETF $IJT

M1 Capital Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 24,505 shares of the company’s stock, valued at approximately $3,467,000. iShares S&P Small-Cap 600 Growth ETF makes up about 1.5% of M1 Capital Management LLC’s holdings, making the stock its 21st biggest holding. M1 Capital Management LLC owned 0.05% of iShares S&P Small-Cap 600 Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Ashton Thomas Securities LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth $36,000. Hantz Financial Services Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 160.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 299 shares of the company’s stock valued at $42,000 after purchasing an additional 184 shares during the last quarter. GGM Financials LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $44,000. Spire Wealth Management boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 41.3% in the 3rd quarter. Spire Wealth Management now owns 424 shares of the company’s stock worth $60,000 after buying an additional 124 shares during the last quarter. Finally, BOK Financial Private Wealth Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 51.2% during the third quarter. BOK Financial Private Wealth Inc. now owns 425 shares of the company’s stock valued at $60,000 after buying an additional 144 shares during the period. 55.81% of the stock is owned by institutional investors.

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

NASDAQ IJT opened at $149.06 on Friday. The company has a market capitalization of $6.60 billion, a PE ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $107.38 and a 52-week high of $154.71. The company has a 50-day simple moving average of $149.55 and a 200 day simple moving average of $144.12.

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

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.4214 per share. This represents a $1.69 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, December 16th. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.