Highline Wealth Partners LLC Purchases New Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Highline Wealth Partners LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 500 shares of the company’s stock, valued at approximately $68,000.

A number of other large investors have also modified their holdings of IJT. Fortitude Family Office LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $820,000. InvesTrust acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth about $2,289,000. Inspire Trust Co. N.A. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.7% in the third quarter. Inspire Trust Co. N.A. now owns 55,663 shares of the company’s stock valued at $7,764,000 after purchasing an additional 3,000 shares during the last quarter. Franklin Resources Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 0.6% during the 3rd quarter. Franklin Resources Inc. now owns 68,579 shares of the company’s stock valued at $9,599,000 after purchasing an additional 398 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 9.0% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 27,366 shares of the company’s stock worth $3,817,000 after purchasing an additional 2,266 shares during 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 Performance

Shares of IJT stock traded down $2.49 during trading hours on Friday, hitting $134.07. 130,025 shares of the company were exchanged, compared to its average volume of 130,591. The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a one year low of $118.72 and a one year high of $152.05. The business’s 50-day simple moving average is $142.54 and its two-hundred day simple moving average is $137.73.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 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.