Palisades Hudson Asset Management L.P. Has $13.87 Million Stock Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Palisades Hudson Asset Management L.P. lessened its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,284 shares of the company’s stock after selling 7,086 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises 5.4% of Palisades Hudson Asset Management L.P.’s portfolio, making the stock its 5th largest position. Palisades Hudson Asset Management L.P. owned approximately 0.22% of iShares S&P Small-Cap 600 Growth ETF worth $13,874,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Keybank National Association OH grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.5% in the fourth quarter. Keybank National Association OH now owns 95,622 shares of the company’s stock worth $13,498,000 after purchasing an additional 502 shares during the period. Axis Wealth Partners LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 28.6% in the fourth quarter. Axis Wealth Partners LLC now owns 4,487 shares of the company’s stock worth $633,000 after purchasing an additional 999 shares during the period. Exencial Wealth Advisors LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.5% in the fourth quarter. Exencial Wealth Advisors LLC now owns 4,846 shares of the company’s stock worth $684,000 after purchasing an additional 207 shares during the period. D.A. Davidson & CO. grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 71.1% in the fourth quarter. D.A. Davidson & CO. now owns 4,133 shares of the company’s stock worth $583,000 after purchasing an additional 1,717 shares during the period. Finally, Kestra Private Wealth Services LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 138,390 shares of the company’s stock worth $19,535,000 after purchasing an additional 5,939 shares during the period. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of IJT opened at $157.79 on Thursday. The stock has a market cap of $7.11 billion, a PE ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $118.82 and a fifty-two week high of $161.65. The firm’s 50-day simple moving average is $150.39 and its two-hundred day simple moving average is $146.63.

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. The ex-dividend date was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.6%.

About iShares S&P Small-Cap 600 Growth ETF

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.