Lee Financial Co Purchases New Shares in iShares S&P Small-Cap 600 Growth ETF $IJT

Lee Financial Co purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 110,407 shares of the company’s stock, valued at approximately $17,702,000. iShares S&P Small-Cap 600 Growth ETF comprises 2.2% of Lee Financial Co’s investment portfolio, making the stock its 10th biggest holding. Lee Financial Co owned about 0.24% of iShares S&P Small-Cap 600 Growth ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Blue Edge Capital LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $8,013,000. Keenan LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $1,374,000. NorthLanding Financial Partners LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $901,000. Three Seasons Wealth LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $1,809,000. Finally, Diversified Management Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 40.4% in the second quarter. Diversified Management Inc. now owns 15,612 shares of the company’s stock valued at $2,788,000 after purchasing an additional 4,491 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 Stock Down 1.3%

Shares of NASDAQ:IJT opened at $158.97 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $132.98 and a 52 week high of $179.68. The company has a 50-day moving average price of $167.39 and a 200 day moving average price of $165.98. The company has a market cap of $7.46 billion, a P/E ratio of 20.21 and a beta of 1.05.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a dividend of $0.36 per share. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%.

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.