Wealthcare Advisory Partners LLC Raises Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Wealthcare Advisory Partners LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,001 shares of the company’s stock after buying an additional 95 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,064,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IJT. Northwestern Mutual Wealth Management Co. lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 13.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock valued at $99,794,000 after buying an additional 95,583 shares in the last quarter. Cordatus Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $7,713,000. LPL Financial LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after buying an additional 46,427 shares in the last quarter. Brown Advisory Inc. lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 16.8% in the 1st quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock valued at $36,898,000 after buying an additional 42,548 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $4,923,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Down 1.1%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $140.67 on Wednesday. The firm’s 50-day moving average price is $139.42 and its 200 day moving average price is $131.56. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $107.38 and a twelve month high of $152.05. The firm has a market capitalization of $6.22 billion, a PE ratio of 20.21 and a beta of 1.13.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.314 dividend. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%.

About iShares S&P Small-Cap 600 Growth ETF

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.