Cordatus Wealth Management LLC Sells 59,955 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Cordatus Wealth Management LLC lessened its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 97.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,486 shares of the company’s stock after selling 59,955 shares during the period. Cordatus Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $210,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IJT. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 1.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 810,556 shares of the company’s stock worth $107,836,000 after purchasing an additional 9,000 shares during the last quarter. Brown Advisory Inc. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 59.0% in the 2nd quarter. Brown Advisory Inc. now owns 471,121 shares of the company’s stock worth $62,678,000 after buying an additional 174,750 shares during the period. Raymond James Financial Inc. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 4.0% in the 2nd quarter. Raymond James Financial Inc. now owns 361,800 shares of the company’s stock worth $48,134,000 after buying an additional 13,975 shares during the last quarter. Cerity Partners LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 2.4% during the second quarter. Cerity Partners LLC now owns 298,748 shares of the company’s stock valued at $39,746,000 after buying an additional 7,131 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.2% during the second quarter. Avantax Advisory Services Inc. now owns 182,966 shares of the company’s stock valued at $24,342,000 after buying an additional 9,089 shares during the period. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.1%

Shares of IJT stock opened at $144.28 on Tuesday. The stock has a fifty day moving average of $141.74 and a 200 day moving average of $139.48. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $147.95. The firm has a market capitalization of $6.43 billion, a price-to-earnings ratio of 20.21 and a beta of 1.09.

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

The business also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $0.4214 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.69 annualized dividend and a dividend yield of 1.2%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31.

About iShares S&P Small-Cap 600 Growth ETF

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.