iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Stock Position Lessened by Asset Dedication LLC

Asset Dedication LLC decreased its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 9.6% in the 4th quarter, HoldingsChannel reports. The firm owned 15,594 shares of the company’s stock after selling 1,649 shares during the quarter. Asset Dedication LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,111,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Royal Fund Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $24,955,000. Christopher J. Hasenberg Inc bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $22,611,000. LPL Financial LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 10.5% during the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock valued at $120,485,000 after buying an additional 82,307 shares in the last quarter. Riggs Asset Managment Co. Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $8,887,000. Finally, Beaumont Financial Advisors LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 25.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 239,852 shares of the company’s stock valued at $32,469,000 after buying an additional 48,416 shares in the last quarter. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.4 %

Shares of IJT stock opened at $140.31 on Wednesday. The stock has a 50-day simple moving average of $141.41 and a 200 day simple moving average of $138.81. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $120.45 and a fifty-two week high of $152.05. The stock has a market capitalization of $6.68 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.3508 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.