Baer Investment Advisory LLC Buys Shares of 21,420 iShares S&P Small-Cap 600 Growth ETF $IJT

Baer Investment Advisory LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the first quarter, HoldingsChannel reports. The firm bought 21,420 shares of the company’s stock, valued at approximately $3,100,000.

Several other institutional investors and hedge funds also recently modified their holdings of IJT. Patten Group Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 27.0% during the 1st quarter. Patten Group Inc. now owns 7,523 shares of the company’s stock worth $1,089,000 after purchasing an additional 1,601 shares during the last quarter. Stevens Capital Partners increased its position in iShares S&P Small-Cap 600 Growth ETF by 11.1% during the first quarter. Stevens Capital Partners now owns 22,193 shares of the company’s stock worth $3,212,000 after buying an additional 2,220 shares in the last quarter. Tred Avon Family Wealth LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 62.0% during the first quarter. Tred Avon Family Wealth LLC now owns 3,118 shares of the company’s stock worth $451,000 after buying an additional 1,193 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.8% in the first quarter. Janney Montgomery Scott LLC now owns 29,895 shares of the company’s stock worth $4,326,000 after acquiring an additional 238 shares during the last quarter. Finally, BKM Wealth Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 2.3% in the first quarter. BKM Wealth Management LLC now owns 23,244 shares of the company’s stock worth $3,364,000 after acquiring an additional 517 shares during the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of NASDAQ:IJT opened at $175.89 on Friday. The company has a market capitalization of $8.10 billion, a P/E ratio of 20.21 and a beta of 1.04. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $129.88 and a 52-week high of $179.65. The stock’s fifty day simple moving average is $165.48 and its 200-day simple moving average is $154.57.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.2566 dividend. This represents a $1.03 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change 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.