Sequoia Financial Advisors LLC Has $408,000 Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Sequoia Financial Advisors LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 16.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,064 shares of the company’s stock after purchasing an additional 422 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $408,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Centennial Bank AR bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at about $29,000. Beacon Capital Management LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% in the second quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock valued at $36,000 after purchasing an additional 241 shares during the period. Trust Co. of Toledo NA OH bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at about $41,000. CarsonAllaria Wealth Management Ltd. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 49.4% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 390 shares of the company’s stock valued at $49,000 after purchasing an additional 129 shares during the period. Finally, Wealth Preservation Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at about $55,000. 55.81% of the stock is owned by institutional investors.

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

Shares of IJT opened at $142.83 on Wednesday. The firm has a market capitalization of $6.33 billion, a PE ratio of 20.21 and a beta of 1.13. The company’s 50-day moving average is $140.71 and its 200-day moving average is $132.73. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $152.05.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a $0.314 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 annualized dividend 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.