Transcendent Capital Group LLC Boosts Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Transcendent Capital Group LLC increased its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 96.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 4,696 shares of the company’s stock after purchasing an additional 2,305 shares during the period. Transcendent Capital Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $625,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Centennial Bank AR acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $29,000. CX Institutional acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter worth approximately $30,000. Beacon Capital Management LLC increased its position 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 worth $36,000 after purchasing an additional 241 shares during the period. Trust Co. of Toledo NA OH acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $41,000. Finally, CarsonAllaria Wealth Management Ltd. increased its position in iShares S&P Small-Cap 600 Growth ETF by 49.4% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 390 shares of the company’s stock worth $49,000 after purchasing an additional 129 shares during the period. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IJT opened at $136.54 on Friday. The business’s 50 day simple moving average is $139.79 and its 200-day simple moving average is $131.81. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 20.21 and a beta of 1.13. 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 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.314 per share. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 annualized dividend and a dividend yield of 0.9%.

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.