iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Update

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 115,567 shares, a decrease of 38.7% from the July 15th total of 188,598 shares. Based on an average daily volume of 187,138 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Large investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 238.6% during the first quarter. AQR Capital Management LLC now owns 7,565 shares of the company’s stock worth $942,000 after purchasing an additional 5,331 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth about $256,000. Gamco Investors INC. ET AL acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth about $220,000. NewEdge Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 10,312 shares of the company’s stock valued at $1,372,000 after acquiring an additional 586 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 31,357 shares of the company’s stock valued at $4,172,000 after acquiring an additional 1,444 shares during the period. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ IJT traded down $2.69 during mid-day trading on Tuesday, reaching $175.51. 77,914 shares of the company’s stock were exchanged, compared to its average volume of 146,228. The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04. 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’s 50-day moving average is $173.49 and its 200-day moving average is $160.73.

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

The business also recently declared 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 a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th.

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.