Sowell Financial Services LLC Acquires 6,739 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Sowell Financial Services LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 21.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,261 shares of the company’s stock after buying an additional 6,739 shares during the period. Sowell Financial Services LLC owned about 0.09% of iShares S&P Small-Cap 600 Growth ETF worth $5,401,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IJT. Park Avenue Securities LLC lifted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 53.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,089 shares of the company’s stock valued at $3,683,000 after acquiring an additional 9,098 shares during the last quarter. Compound Planning Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 12.2% during the 3rd quarter. Compound Planning Inc. now owns 53,480 shares of the company’s stock worth $7,567,000 after acquiring an additional 5,797 shares during the last quarter. Falcon Wealth Planning grew its position in iShares S&P Small-Cap 600 Growth ETF by 5.5% during the 3rd quarter. Falcon Wealth Planning now owns 162,705 shares of the company’s stock worth $23,023,000 after acquiring an additional 8,461 shares during the last quarter. Cresset Asset Management LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 236.9% in the 2nd quarter. Cresset Asset Management LLC now owns 81,276 shares of the company’s stock worth $10,813,000 after purchasing an additional 57,149 shares during the period. Finally, Baird Financial Group Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 23.8% in the 2nd quarter. Baird Financial Group Inc. now owns 53,129 shares of the company’s stock worth $7,068,000 after purchasing an additional 10,221 shares during the period. 55.81% of the stock is owned by institutional investors.

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

Shares of IJT stock opened at $146.86 on Monday. The company has a market capitalization of $6.60 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $154.71. The stock has a 50 day moving average price of $148.38 and a two-hundred day moving average price of $144.77.

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

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 17th.

iShares S&P Small-Cap 600 Growth ETF Company 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.