Hyundai Investments Co. Ltd. Buys New Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Hyundai Investments Co. Ltd. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,854 shares of the company’s stock, valued at approximately $839,000. iShares S&P Small-Cap 600 Growth ETF accounts for approximately 0.8% of Hyundai Investments Co. Ltd.’s investment portfolio, making the stock its 6th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in IJT. AQR Capital Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 238.6% during the 1st quarter. AQR Capital Management LLC now owns 7,565 shares of the company’s stock valued at $942,000 after purchasing an additional 5,331 shares during the period. Flow Traders U.S. LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at approximately $256,000. Gamco Investors INC. ET AL bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at approximately $220,000. NewEdge Advisors LLC boosted its stake 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 purchasing an additional 586 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its stake 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 purchasing an additional 1,444 shares during the period. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.6%

Shares of NASDAQ:IJT opened at $170.12 on Tuesday. The business has a 50 day moving average price of $160.21 and a 200 day moving average price of $151.72. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $127.77 and a twelve month high of $171.53. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 20.21 and a beta of 1.06.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be given a $0.2566 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

iShares S&P Small-Cap 600 Growth ETF 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.