iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 52-Week High – What’s Next?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) shares reached a new 52-week high during trading on Monday . The company traded as high as $171.58 and last traded at $171.55, with a volume of 6158 shares changing hands. The stock had previously closed at $170.72.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.2%

The firm has a 50-day moving average price of $161.85 and a 200 day moving average price of $152.47. The firm has a market capitalization of $7.75 billion, a PE ratio of 20.21 and a beta of 1.06.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend 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.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Several large investors have recently bought and sold shares of IJT. Quadcap Wealth Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.9% during the first quarter. Quadcap Wealth Management LLC now owns 7,599 shares of the company’s stock valued at $1,100,000 after purchasing an additional 66 shares during the period. Taylor Financial Group Inc. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% during the 4th quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after purchasing an additional 79 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock valued at $352,000 after buying an additional 80 shares during the period. Fifth Third Wealth Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.5% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock valued at $372,000 after buying an additional 88 shares during the period. Finally, NewEdge Wealth LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 6.0% in the 1st quarter. NewEdge Wealth LLC now owns 1,560 shares of the company’s stock valued at $226,000 after buying an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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.