Oarsman Capital Inc. Grows Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Oarsman Capital Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 149.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,325 shares of the company’s stock after acquiring an additional 17,587 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF makes up approximately 0.4% of Oarsman Capital Inc.’s holdings, making the stock its 29th biggest holding. Oarsman Capital Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $5,237,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IJT. Smartleaf Asset Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at approximately $36,000. Ashton Thomas Securities LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at approximately $37,000. Biltmore Family Office LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth $40,000. Motiv8 Investments LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $41,000. Finally, JPL Wealth Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth approximately $42,000. 55.81% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ IJT opened at $171.06 on Monday. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $132.98 and a 12 month high of $179.68. The company’s fifty day moving average price is $174.48 and its two-hundred day moving average price is $162.23. The company has a market capitalization of $8.14 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a $0.2566 dividend. This represents a $1.03 annualized dividend 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 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.