Clark Asset Management LLC Buys Shares of 3,173 iShares S&P Small-Cap 600 Growth ETF $IJT

Clark Asset Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,173 shares of the company’s stock, valued at approximately $448,000.

Other hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 53.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,089 shares of the company’s stock valued at $3,683,000 after buying an additional 9,098 shares during the last quarter. Compound Planning Inc. raised its stake 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 valued at $7,567,000 after purchasing an additional 5,797 shares in the last quarter. Falcon Wealth Planning raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% during the third 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 in the last quarter. RTD Financial Advisors Inc. raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 3.9% during the third 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 in the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.6% during the third quarter. HighTower Advisors LLC now owns 364,057 shares of the company’s stock valued at $51,516,000 after purchasing an additional 19,237 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ IJT opened at $159.83 on Monday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $112.84 and a fifty-two week high of $161.15. The firm’s 50-day simple moving average is $149.28 and its 200 day simple moving average is $145.62. The stock has a market cap of $7.19 billion, a P/E ratio of 20.21 and a beta of 1.05.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, March 17th.

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.