Park Avenue Securities LLC Acquires 4,816 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Park Avenue Securities LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 39.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,991 shares of the company’s stock after buying an additional 4,816 shares during the period. Park Avenue Securities LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,404,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IJT. Angeles Wealth Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $27,000. Quaker Wealth Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 219 shares of the company’s stock valued at $29,000 after purchasing an additional 437 shares during the last quarter. Beacon Capital Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 803.3% during the 2nd quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock valued at $36,000 after purchasing an additional 241 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $41,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $61,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $147.46 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $147.95. The business has a 50 day moving average price of $142.18 and a 200-day moving average price of $139.86. The company has a market cap of $6.57 billion, a PE ratio of 20.21 and a beta of 1.09.

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

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

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.