Belpointe Asset Management LLC Sells 45,947 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Belpointe Asset Management LLC cut its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 52.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,951 shares of the company’s stock after selling 45,947 shares during the quarter. Belpointe Asset Management LLC owned about 0.09% of iShares S&P Small-Cap 600 Growth ETF worth $5,781,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IJT. Park Avenue Securities LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 53.5% during the 4th quarter. Park Avenue Securities LLC now owns 26,089 shares of the company’s stock valued at $3,683,000 after purchasing an additional 9,098 shares during the last quarter. Compound Planning Inc. lifted its holdings 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 valued at $7,567,000 after purchasing an additional 5,797 shares during the last quarter. Falcon Wealth Planning lifted its holdings 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 valued at $23,023,000 after purchasing an additional 8,461 shares during the last quarter. RTD Financial Advisors Inc. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 3.9% during the 3rd quarter. RTD Financial Advisors Inc. now owns 103,311 shares of the company’s stock valued at $14,618,000 after purchasing an additional 3,847 shares during the last quarter. Finally, Lake Street Private Wealth LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.0% during the 4th quarter. Lake Street Private Wealth LLC now owns 70,154 shares of the company’s stock valued at $9,903,000 after purchasing an additional 6,389 shares during the last quarter. 55.81% of the stock is owned by institutional investors.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $159.83 on Monday. The business has a fifty day simple moving average of $149.28 and a two-hundred day simple moving average of $145.62. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $112.84 and a 1 year high of $161.15. The company has a market capitalization of $7.19 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.88 annualized dividend and a yield of 0.6%.

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.