IFG Advisory LLC Takes Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

IFG Advisory LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,084 shares of the company’s stock, valued at approximately $525,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 464.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 458,329 shares of the company’s stock worth $57,355,000 after buying an additional 377,150 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter worth approximately $21,137,000. Cetera Investment Advisers boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 120.2% in the first quarter. Cetera Investment Advisers now owns 142,905 shares of the company’s stock worth $18,682,000 after acquiring an additional 77,996 shares during the last quarter. Cordatus Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth approximately $7,179,000. Finally, Polianta Ltd acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at $7,085,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of IJT stock opened at $138.77 on Monday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $102.64 and a fifty-two week high of $143.97. The stock’s fifty day moving average is $133.69 and its two-hundred day moving average is $129.78. The firm has a market capitalization of $6.40 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.3455 dividend. This represents a $1.38 annualized dividend and a dividend yield of 1.00%. The ex-dividend date was Tuesday, June 11th.

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.