M1 Capital Management LLC Makes New $4.22 Million Investment in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

M1 Capital Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 31,170 shares of the company’s stock, valued at approximately $4,219,000. iShares S&P Small-Cap 600 Growth ETF makes up approximately 2.3% of M1 Capital Management LLC’s holdings, making the stock its 14th largest holding. M1 Capital Management LLC owned approximately 0.07% of iShares S&P Small-Cap 600 Growth ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IJT. Blue Edge Capital LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 0.3% during the fourth quarter. Blue Edge Capital LLC now owns 23,857 shares of the company’s stock valued at $3,230,000 after buying an additional 78 shares in the last quarter. Gen Wealth Partners Inc raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 4th quarter. Gen Wealth Partners Inc now owns 1,669 shares of the company’s stock valued at $226,000 after acquiring an additional 87 shares during the period. Rehmann Capital Advisory Group lifted its position in iShares S&P Small-Cap 600 Growth ETF by 2.3% during the 4th quarter. Rehmann Capital Advisory Group now owns 4,418 shares of the company’s stock worth $598,000 after acquiring an additional 98 shares in the last quarter. Johnson Investment Counsel Inc. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.8% during the fourth quarter. Johnson Investment Counsel Inc. now owns 5,602 shares of the company’s stock worth $758,000 after purchasing an additional 100 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the 4th quarter. Bank of Montreal Can now owns 37,432 shares of the company’s stock worth $5,067,000 after buying an additional 127 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $129.86 on Wednesday. The firm has a market cap of $6.00 billion, a PE ratio of 19.74 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $107.38 and a 1 year high of $152.05. The firm’s 50-day simple moving average is $122.42 and its 200-day simple moving average is $132.90.

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

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were paid a dividend of $0.2502 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.