iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sets New 52-Week High – Should You Buy?

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) hit a new 52-week high during trading on Tuesday . The stock traded as high as $161.45 and last traded at $161.45, with a volume of 11496 shares. The stock had previously closed at $160.31.

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

The firm has a market cap of $7.26 billion, a P/E ratio of 20.21 and a beta of 1.05. The firm’s fifty day moving average is $149.42 and its 200 day moving average is $145.75.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.22 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a yield of 0.5%.

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

A number of institutional investors have recently bought and sold shares of the business. Falcon Wealth Planning boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 6.2% in the 1st quarter. Falcon Wealth Planning now owns 178,532 shares of the company’s stock valued at $25,835,000 after purchasing an additional 10,478 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 146,265 shares of the company’s stock valued at $21,166,000 after purchasing an additional 7,875 shares during the period. Ritholtz Wealth Management bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $244,000. Blue Trust Inc. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 18.5% in the 1st quarter. Blue Trust Inc. now owns 1,870 shares of the company’s stock valued at $271,000 after purchasing an additional 292 shares during the period. Finally, Vermillion Wealth Management Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $52,000. 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.