Blackston Financial Advisory Group LLC Sells 559 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Blackston Financial Advisory Group LLC decreased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 8.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 6,059 shares of the company’s stock after selling 559 shares during the period. Blackston Financial Advisory Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $754,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Atala Financial Inc purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $27,000. CX Institutional bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth $30,000. Heck Capital Advisors LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at about $47,000. Kestra Investment Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth approximately $50,000. Finally, Mainstream Capital Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth approximately $54,000. 55.81% of the stock is owned by institutional investors.

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

IJT stock opened at $129.70 on Tuesday. The firm has a market cap of $5.96 billion, a PE ratio of 19.74 and a beta of 1.09. The business has a 50 day moving average of $124.97 and a 200-day moving average of $131.19. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $107.38 and a 12-month high of $152.05.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 16th will be paid a $0.2939 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 0.91%.

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.