Dynamic Advisor Solutions LLC Sells 191 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Dynamic Advisor Solutions LLC cut its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 5.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,565 shares of the company’s stock after selling 191 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IJT. GAMMA Investing LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth approximately $1,008,000. NBT Bank N A NY raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 11.6% in the fourth quarter. NBT Bank N A NY now owns 43,888 shares of the company’s stock valued at $5,941,000 after purchasing an additional 4,569 shares in the last quarter. Citadel Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $1,011,000. Assetmark Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 16.6% during the fourth quarter. Assetmark Inc. now owns 1,449 shares of the company’s stock worth $196,000 after buying an additional 206 shares in the last quarter. Finally, Titleist Asset Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $633,000. 55.81% of the stock is currently owned by institutional investors.

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

Shares of IJT stock opened at $129.07 on Thursday. The firm has a fifty day moving average of $125.39 and a 200-day moving average of $131.16. The stock has a market cap of $5.96 billion, a price-to-earnings ratio of 19.74 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $107.38 and a 52-week high of $152.05.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Monday, June 16th will be paid a $0.2939 dividend. The ex-dividend date is Monday, June 16th. This represents a $1.18 dividend on an annualized basis and a yield of 0.91%.

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.