Stone Wealth Partners Acquires Shares of 26,093 iShares S&P Small-Cap 600 Growth ETF $IJT

Stone Wealth Partners bought a new position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 26,093 shares of the company’s stock, valued at approximately $3,683,000. iShares S&P Small-Cap 600 Growth ETF makes up approximately 3.3% of Stone Wealth Partners’ portfolio, making the stock its 8th biggest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Essex Financial Services Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.0% during the third quarter. Essex Financial Services Inc. now owns 7,237 shares of the company’s stock valued at $1,024,000 after acquiring an additional 72 shares in the last quarter. Taylor Financial Group Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% in the 4th quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after purchasing an additional 79 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock worth $352,000 after purchasing an additional 80 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.5% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock worth $372,000 after purchasing an additional 88 shares in the last quarter. Finally, Dearborn Partners LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 3.1% during the 4th quarter. Dearborn Partners LLC now owns 3,296 shares of the company’s stock valued at $465,000 after purchasing an additional 100 shares during 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 Stock Performance

Shares of IJT stock opened at $170.72 on Friday. The company has a market capitalization of $7.73 billion, a price-to-earnings ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a one year low of $127.77 and a one year high of $171.53. The company’s 50-day moving average is $161.50 and its 200 day moving average is $152.27.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.2566 dividend. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, June 15th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.