Lido Advisors LLC Sells 125,151 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Lido Advisors LLC lessened its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 59.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 86,490 shares of the company’s stock after selling 125,151 shares during the period. Lido Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $13,867,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Keybank National Association OH acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth $14,891,000. Edgemoor Investment Advisors Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $48,000. M Holdings Securities Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $559,000. Brighton Jones LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $316,000. Finally, StoneX Group Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth $481,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.0%

Shares of IJT opened at $167.20 on Thursday. 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 fifty day simple moving average of $163.66 and a two-hundred day simple moving average of $161.99. The company has a market capitalization of $7.52 billion, a PE ratio of 20.21 and a beta of 1.06.

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. Investors of record on Tuesday, September 15th were issued a $0.36 dividend. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.