iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 12-Month High – Here’s What Happened

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $171.58 and last traded at $171.55, with a volume of 6158 shares. The stock had previously closed at $170.72.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.2%

The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 20.21 and a beta of 1.06. The stock has a 50 day simple moving average of $161.85 and a 200 day simple moving average of $152.47.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2566 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quadcap Wealth Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 0.9% during the 1st quarter. Quadcap Wealth Management LLC now owns 7,599 shares of the company’s stock valued at $1,100,000 after purchasing an additional 66 shares during the last quarter. Taylor Financial Group Inc. raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% in the fourth quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after purchasing an additional 79 shares during the last quarter. Hazlett Burt & Watson Inc. raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock worth $352,000 after purchasing an additional 80 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 3.5% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock valued at $372,000 after purchasing an additional 88 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6.0% in the first quarter. NewEdge Wealth LLC now owns 1,560 shares of the company’s stock valued at $226,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 55.81% of the company’s stock.

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.