Glenmede Investment Management LP Decreases Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Glenmede Investment Management LP reduced its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 351,517 shares of the company’s stock after selling 4,473 shares during the period. Glenmede Investment Management LP owned 0.79% of iShares S&P Small-Cap 600 Growth ETF worth $49,740,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Compound Planning Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 12.2% during the third quarter. Compound Planning Inc. now owns 53,480 shares of the company’s stock worth $7,567,000 after purchasing an additional 5,797 shares in the last quarter. Stevens Capital Partners lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 56.6% in the 2nd quarter. Stevens Capital Partners now owns 18,354 shares of the company’s stock valued at $2,464,000 after purchasing an additional 6,637 shares in the last quarter. Allworth Financial LP boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 38.4% during the 2nd quarter. Allworth Financial LP now owns 10,543 shares of the company’s stock worth $1,403,000 after purchasing an additional 2,926 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 5.2% during the 2nd quarter. Avantax Advisory Services Inc. now owns 182,966 shares of the company’s stock worth $24,342,000 after purchasing an additional 9,089 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 304.9% during the second quarter. Coldstream Capital Management Inc. now owns 1,992 shares of the company’s stock worth $265,000 after buying an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.1%

Shares of NASDAQ IJT opened at $142.66 on Friday. The firm has a 50-day simple moving average of $149.80 and a 200-day simple moving average of $144.39. The stock has a market capitalization of $6.32 billion, a price-to-earnings ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $154.71.

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

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

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.