Founders Grove Wealth Partners LLC Decreases Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Founders Grove Wealth Partners LLC trimmed its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,925 shares of the company’s stock after selling 432 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,187,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Centennial Bank AR purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at $29,000. CX Institutional purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth about $30,000. Beacon Capital Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% in the 2nd quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock worth $36,000 after purchasing an additional 241 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at about $41,000. Finally, CarsonAllaria Wealth Management Ltd. grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 49.4% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 390 shares of the company’s stock valued at $49,000 after buying an additional 129 shares in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of IJT opened at $138.96 on Tuesday. The company has a market capitalization of $6.15 billion, a P/E ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a one year low of $107.38 and a one year high of $152.05. The stock has a 50-day moving average price of $139.89 and a 200 day moving average price of $131.96.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.314 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29.

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.