Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $164.62 and traded as high as $167.46. iShares S&P Small-Cap 600 Growth ETF shares last traded at $165.26, with a volume of 434,980 shares.
iShares S&P Small-Cap 600 Growth ETF Price Performance
The stock has a market capitalization of $7.50 billion, a P/E ratio of 20.21 and a beta of 1.05. The firm has a 50 day moving average of $164.62 and a 200-day moving average of $161.49.
iShares S&P Small-Cap 600 Growth ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.36 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566.
Institutional Trading of iShares S&P Small-Cap 600 Growth ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Arrow Investment Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $3,450,000. Calamos Wealth Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $536,000. Kestra Advisory Services LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6.8% during the 3rd quarter. Kestra Advisory Services LLC now owns 74,330 shares of the company’s stock worth $11,917,000 after acquiring an additional 4,728 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth about $79,045,000. Finally, Bfsg LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 5.4% during the 3rd quarter. Bfsg LLC now owns 30,519 shares of the company’s stock worth $4,893,000 after acquiring an additional 1,554 shares during the period. 55.81% of the stock is currently owned by institutional investors.
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.
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