iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 1-Year High – What’s Next?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $156.72 and last traded at $156.35, with a volume of 142133 shares. The stock had previously closed at $155.19.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.1%

The company has a fifty day simple moving average of $149.14 and a 200 day simple moving average of $145.44. The firm has a market capitalization of $7.02 billion, a P/E ratio of 20.21 and a beta of 1.05.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.22 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.88 annualized dividend and a dividend yield of 0.6%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Signature Resources Capital Management LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after purchasing an additional 188 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% in the fourth quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after purchasing an additional 154 shares during the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $36,000. Ashton Thomas Securities LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $36,000. Finally, North Star Investment Management Corp. raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 102.4% in the fourth quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after purchasing an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Company 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.