MAI Capital Management Purchases 2,671 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

MAI Capital Management lifted its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 2.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 95,674 shares of the company’s stock after buying an additional 2,671 shares during the period. MAI Capital Management’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $12,729,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF by 0.3% during the second quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock worth $3,699,000 after purchasing an additional 84 shares during the period. Rovin Capital UT ADV increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 2.0% in the 2nd quarter. Rovin Capital UT ADV now owns 4,364 shares of the company’s stock valued at $581,000 after acquiring an additional 84 shares in the last quarter. Johnson Investment Counsel Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 1.5% in the second quarter. Johnson Investment Counsel Inc. now owns 5,688 shares of the company’s stock valued at $757,000 after purchasing an additional 86 shares in the last quarter. Meridian Financial LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 2.1% during the second quarter. Meridian Financial LLC now owns 4,489 shares of the company’s stock valued at $597,000 after purchasing an additional 91 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 8,001 shares of the company’s stock valued at $1,064,000 after purchasing an additional 95 shares during the period. 55.81% of the stock is owned by institutional investors and hedge funds.

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

Shares of IJT opened at $137.18 on Friday. iShares S&P Small-Cap 600 Growth ETF has a one year low of $107.38 and a one year high of $152.05. The company has a market cap of $6.13 billion, a PE ratio of 20.21 and a beta of 1.09. The stock has a 50-day moving average of $140.36 and a 200-day moving average of $136.18.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.314 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. This is a boost 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.

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.