Independent Advisor Alliance Acquires Shares of 2,593 iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Independent Advisor Alliance acquired a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, Holdings Channel reports. The fund acquired 2,593 shares of the company’s stock, valued at approximately $351,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Palouse Capital Management Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $31,000. Legacy Bridge LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 73.5% in the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. CarsonAllaria Wealth Management Ltd. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 105.5% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock worth $35,000 after acquiring an additional 134 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth $39,000. Finally, Register Financial Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $43,000. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Down 1.3 %

Shares of NASDAQ:IJT opened at $123.87 on Wednesday. The business has a 50-day moving average price of $135.21 and a 200 day moving average price of $138.28. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 19.15 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $120.32 and a 12-month high of $152.05.

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

The firm also recently disclosed a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be given a dividend of $0.2502 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

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.