Modera Wealth Management LLC Buys 8,364 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Modera Wealth Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,364 shares of the company’s stock, valued at approximately $1,341,000.

Other large investors have also made changes to their positions in the company. Quadcap Wealth Management LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.9% during the first quarter. Quadcap Wealth Management LLC now owns 7,599 shares of the company’s stock worth $1,100,000 after buying an additional 66 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 1.5% during the second quarter. Sequoia Financial Advisors LLC now owns 5,122 shares of the company’s stock worth $915,000 after buying an additional 75 shares during the period. CoreCap Advisors LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 29.6% in the second quarter. CoreCap Advisors LLC now owns 337 shares of the company’s stock valued at $60,000 after buying an additional 77 shares in the last quarter. VestGen Advisors LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.2% in the third quarter. VestGen Advisors LLC now owns 6,916 shares of the company’s stock valued at $1,109,000 after buying an additional 85 shares in the last quarter. Finally, NewEdge Wealth LLC increased its holdings in 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 buying an additional 88 shares in 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 Stock Performance

IJT stock opened at $164.34 on Monday. The firm has a 50 day moving average of $164.80 and a 200-day moving average of $161.41. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $132.98 and a 12-month high of $179.68.

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

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

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.