Tenet Wealth Partners LLC Invests $529,000 in iShares S&P Small-Cap 600 Growth ETF $IJT

Tenet Wealth Partners LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the second quarter, according to its most recent filing with the SEC. The fund purchased 3,066 shares of the company’s stock, valued at approximately $529,000.

Several other institutional investors and hedge funds have also made changes to their positions in IJT. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,531,028 shares of the company’s stock worth $4,733,240,000 after purchasing an additional 32,712,932 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.0% in the 1st quarter. Bank of America Corp DE now owns 2,046,459 shares of the company’s stock valued at $296,143,000 after buying an additional 19,746 shares during the period. UBS Group AG grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.6% during the 3rd quarter. UBS Group AG now owns 1,068,064 shares of the company’s stock valued at $151,131,000 after buying an additional 6,157 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.5% during the 4th quarter. LPL Financial LLC now owns 957,106 shares of the company’s stock valued at $135,105,000 after buying an additional 4,940 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 55.9% during the 4th quarter. Brown Advisory Inc. now owns 836,147 shares of the company’s stock valued at $118,031,000 after buying an additional 299,807 shares during the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.1%

Shares of NASDAQ IJT opened at $170.31 on Friday. The firm’s 50-day moving average price is $174.10 and its two-hundred day moving average price is $162.76. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $132.98 and a 52-week high of $179.68. The stock has a market capitalization of $8.11 billion, a P/E ratio of 20.21 and a beta of 1.04.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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