iShares S&P Small-Cap 600 Growth ETF $IJT Position Trimmed by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 55.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,900 shares of the company’s stock after selling 50,681 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $6,558,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 29,904 shares of the company’s stock valued at $4,794,000 after acquiring an additional 524 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 23.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 3,162 shares of the company’s stock worth $509,000 after acquiring an additional 605 shares during the last quarter. Tred Avon Family Wealth LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 14.9% in the 3rd quarter. Tred Avon Family Wealth LLC now owns 3,249 shares of the company’s stock worth $521,000 after acquiring an additional 422 shares during the last quarter. Focused Alpha LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 74.4% in the 3rd quarter. Focused Alpha LLC now owns 3,040 shares of the company’s stock worth $487,000 after acquiring an additional 1,297 shares during the last quarter. Finally, CFS Investment Advisory Services LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 25.3% during the third quarter. CFS Investment Advisory Services LLC now owns 2,285 shares of the company’s stock worth $375,000 after purchasing an additional 462 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.4%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $161.70 on Wednesday. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $132.98 and a 12-month high of $179.68. The firm has a market capitalization of $7.58 billion, a PE ratio of 20.21 and a beta of 1.05. The stock’s fifty day moving average is $166.77 and its 200-day moving average is $166.38.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.36 dividend. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.