Saxon Interests Inc. Acquires New Shares in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Saxon Interests Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 4th quarter, HoldingsChannel reports. The firm bought 2,053 shares of the company’s stock, valued at approximately $257,000.

A number of other large investors have also recently made changes to their positions in IJT. Cetera Investment Advisers boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.1% in the 1st quarter. Cetera Investment Advisers now owns 25,426 shares of the company’s stock worth $3,181,000 after purchasing an additional 756 shares during the period. Moors & Cabot Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at approximately $247,000. Baird Financial Group Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 3.9% during the first quarter. Baird Financial Group Inc. now owns 43,156 shares of the company’s stock valued at $5,399,000 after acquiring an additional 1,604 shares in the last quarter. Merit Financial Group LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 4.7% in the 1st quarter. Merit Financial Group LLC now owns 2,431 shares of the company’s stock worth $304,000 after purchasing an additional 109 shares in the last quarter. Finally, First Western Trust Bank bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at $451,000. 57.73% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7 %

Shares of IJT stock traded up $0.87 on Thursday, reaching $130.73. The company’s stock had a trading volume of 97,969 shares, compared to its average volume of 120,778. The company has a market capitalization of $5.81 billion, a P/E ratio of 13.33 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $102.64 and a 12-month high of $131.48. The stock’s 50 day simple moving average is $125.44 and its 200-day simple moving average is $117.69.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were issued a $0.2191 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.88 annualized dividend and a dividend yield of 0.67%.

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.