Bridges Investment Management Inc. Reduces Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Bridges Investment Management Inc. lessened its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 17.9% in the third quarter, Holdings Channel reports. The institutional investor owned 5,012 shares of the company’s stock after selling 1,094 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 22,587 shares of the company’s stock worth $2,953,000 after purchasing an additional 78 shares during the period. Montag A & Associates Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth about $28,000. Capital Square LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $844,000. Thoroughbred Financial Services LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 63.4% during the 1st quarter. Thoroughbred Financial Services LLC now owns 2,619 shares of the company’s stock valued at $342,000 after acquiring an additional 1,016 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 24.5% during the first quarter. Avantax Advisory Services Inc. now owns 128,917 shares of the company’s stock worth $16,853,000 after purchasing an additional 25,360 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors.

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

IJT stock opened at $146.86 on Friday. The company’s 50 day moving average is $137.41 and its 200 day moving average is $133.53. The stock has a market cap of $6.87 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 1-year low of $105.29 and a 1-year high of $147.28.

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

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a $0.5237 dividend. The ex-dividend date was Wednesday, September 25th.

iShares S&P Small-Cap 600 Growth ETF Company 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.