iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Unusually-High Trading Volume

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw unusually-strong trading volume on Friday . Approximately 141,450 shares changed hands during trading, an increase of 23% from the previous session’s volume of 115,240 shares.The stock last traded at $122.38 and had previously closed at $121.57.

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

The business has a 50-day moving average of $126.68 and a two-hundred day moving average of $119.36. The company has a market cap of $5.53 billion, a P/E ratio of 13.33 and a beta of 1.13.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.2191 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Columbia Trust Co 01012016 raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 105.9% in the fourth quarter. Columbia Trust Co 01012016 now owns 4,955 shares of the company’s stock worth $620,000 after purchasing an additional 2,548 shares during the last quarter. BKM Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at approximately $2,854,000. Becker Capital Management Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF by 51.7% during the third quarter. Becker Capital Management Inc. now owns 19,345 shares of the company’s stock valued at $2,129,000 after acquiring an additional 6,596 shares in the last quarter. Wealthspire Advisors LLC raised its position in iShares S&P Small-Cap 600 Growth ETF by 17.3% during the third quarter. Wealthspire Advisors LLC now owns 11,363 shares of the company’s stock valued at $1,246,000 after acquiring an additional 1,672 shares in the last quarter. Finally, TIAA Trust National Association raised its position in iShares S&P Small-Cap 600 Growth ETF by 1.3% during the fourth quarter. TIAA Trust National Association now owns 7,647 shares of the company’s stock valued at $957,000 after acquiring an additional 101 shares in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

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.