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) hit a new 52-week high on Monday . The company traded as high as $176.84 and last traded at $174.60, with a volume of 99433 shares changing hands. The stock had previously closed at $176.31.

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

The firm’s 50-day simple moving average is $163.69 and its 200-day simple moving average is $153.53. The firm has a market capitalization of $7.97 billion, a PE ratio of 20.21 and a beta of 1.06.

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

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

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

Hedge funds have recently bought and sold shares of the business. Park Avenue Securities LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 53.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,089 shares of the company’s stock worth $3,683,000 after purchasing an additional 9,098 shares in the last quarter. Fortress Financial Group LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 9.8% during the 4th quarter. Fortress Financial Group LLC now owns 51,334 shares of the company’s stock valued at $7,246,000 after purchasing an additional 4,579 shares in the last quarter. Kestra Private Wealth Services LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 4.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 138,390 shares of the company’s stock valued at $19,535,000 after purchasing an additional 5,939 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 1,290.3% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 3,879 shares of the company’s stock worth $548,000 after buying an additional 3,600 shares during the last quarter. Finally, Diversified Management Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth about $871,000. 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.