iShares S&P Small-Cap 600 Growth ETF $IJT Stock: Lake Street Private Wealth LLC Reduces Position

Lake Street Private Wealth LLC lowered its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 7.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 63,358 shares of the company’s stock after selling 5,167 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises 1.1% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 25th biggest holding. Lake Street Private Wealth LLC owned about 0.14% of iShares S&P Small-Cap 600 Growth ETF worth $10,159,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IJT. Albion Financial Group UT purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $26,000. Ashton Thomas Securities LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at approximately $37,000. Horizons Wealth Management purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $43,000. Highland Investment Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at approximately $59,000. Finally, CoreCap Advisors LLC increased its stake 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 purchasing an additional 77 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.2%

IJT stock opened at $161.80 on Friday. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $132.98 and a twelve month high of $179.68. The company’s 50 day moving average is $166.15 and its two-hundred day moving average is $166.59. The stock has a market cap of $7.58 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 business also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.36 dividend. 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.