Lido Advisors LLC Has $10.46 Million Stock Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Lido Advisors LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 73,897 shares of the company’s stock after buying an additional 3,341 shares during the quarter. Lido Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $10,455,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Sequent Asset Management LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 20.0% during the 4th quarter. Sequent Asset Management LLC now owns 5,249 shares of the company’s stock worth $741,000 after buying an additional 875 shares during the last quarter. Peapack Gladstone Financial Corp lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 9.2% during the 4th quarter. Peapack Gladstone Financial Corp now owns 34,176 shares of the company’s stock worth $4,824,000 after buying an additional 2,891 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock worth $352,000 after buying an additional 80 shares during the last quarter. Ascension Capital Advisors Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth about $3,299,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 1.7% during the 4th quarter. BNP Paribas Financial Markets now owns 51,467 shares of the company’s stock worth $7,265,000 after buying an additional 867 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

NASDAQ IJT opened at $161.61 on Friday. The firm has a 50-day moving average of $157.53 and a 200-day moving average of $150.37. The stock has a market cap of $7.32 billion, a PE ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $127.77 and a 52-week high of $165.61.

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. Investors of record on Tuesday, March 17th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 17th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.