Pinkerton Wealth LLC Makes New $5.98 Million Investment in iShares S&P Small-Cap 600 Growth ETF $IJT

Pinkerton Wealth LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 3rd quarter, HoldingsChannel reports. The fund purchased 37,281 shares of the company’s stock, valued at approximately $5,977,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IJT. Lee Financial Co bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $17,702,000. Royal Fund Management LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 1,257.8% in the 3rd quarter. Royal Fund Management LLC now owns 104,432 shares of the company’s stock valued at $16,744,000 after acquiring an additional 96,741 shares during the last quarter. Sigma Planning Corp acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at about $8,224,000. Ifrah Financial Services Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $7,917,000. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 288.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 66,113 shares of the company’s stock valued at $10,600,000 after purchasing an additional 49,106 shares in the last quarter. Institutional investors own 55.81% of the company’s stock.

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

Shares of IJT opened at $164.34 on Monday. The firm’s 50 day moving average is $164.80 and its 200-day moving average is $161.41. The stock has a market capitalization of $7.46 billion, a P/E ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $132.98 and a 12-month high of $179.68.

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

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