GHP Investment Advisors Inc. Reduces Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

GHP Investment Advisors Inc. reduced its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,166 shares of the company’s stock after selling 1,564 shares during the period. iShares S&P Small-Cap 600 Growth ETF comprises 0.9% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. GHP Investment Advisors Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $21,309,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IJT. World Investment Advisors increased its stake in iShares S&P Small-Cap 600 Growth ETF by 968.9% in the 2nd quarter. World Investment Advisors now owns 179,400 shares of the company’s stock valued at $23,867,000 after purchasing an additional 162,617 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 purchasing an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at approximately $9,473,000. Cordatus Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at approximately $7,713,000. Finally, LPL Financial LLC increased 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 purchasing an additional 46,427 shares in the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ IJT opened at $139.63 on Friday. The business has a 50 day moving average price of $141.27 and a 200 day moving average price of $134.38. The company has a market capitalization of $6.22 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $152.05.

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

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

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.