Pathway Financial Advisors LLC Has $2.18 Million Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Pathway Financial Advisors LLC trimmed its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,404 shares of the company’s stock after selling 532 shares during the period. Pathway Financial Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,182,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IJT. Northwestern Mutual Wealth Management Co. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 13.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock valued at $99,794,000 after purchasing an additional 95,583 shares during the period. Belpointe Asset Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at $9,473,000. Cordatus Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at $7,713,000. LPL Financial LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after acquiring an additional 46,427 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in iShares S&P Small-Cap 600 Growth ETF by 16.8% during the first quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock valued at $36,898,000 after acquiring an additional 42,548 shares during the last quarter. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Down 2.8%

Shares of IJT opened at $136.54 on Monday. The stock has a market capitalization of $6.04 billion, a P/E ratio of 20.21 and a beta of 1.13. The firm’s fifty day simple moving average is $139.79 and its two-hundred day simple moving average is $131.85. 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. Shareholders of record on Tuesday, September 16th were given a dividend of $0.314 per share. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. This is an increase 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.

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.