Janney Montgomery Scott LLC Grows Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Janney Montgomery Scott LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 0.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,804 shares of the company’s stock after buying an additional 84 shares during the period. Janney Montgomery Scott LLC owned approximately 0.06% of iShares S&P Small-Cap 600 Growth ETF worth $3,699,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IJT. LPL Financial LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock worth $110,723,000 after buying an additional 46,427 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 13.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after acquiring an additional 95,583 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 3.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 504,285 shares of the company’s stock worth $62,783,000 after acquiring an additional 15,629 shares during the last quarter. HighTower Advisors LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 2.4% in the 1st quarter. HighTower Advisors LLC now owns 361,901 shares of the company’s stock worth $45,057,000 after acquiring an additional 8,540 shares during the last quarter. Finally, Brown Advisory Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 16.8% in the 1st quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock worth $36,898,000 after acquiring an additional 42,548 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 Price Performance

NASDAQ:IJT opened at $140.67 on Wednesday. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $107.38 and a 1 year high of $152.05. The stock’s 50 day simple moving average is $139.42 and its two-hundred day simple moving average is $131.56. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 20.21 and a beta of 1.13.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were issued a dividend of $0.314 per share. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, September 16th. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29.

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.