iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 12-Month High – Here’s What Happened

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) hit a new 52-week high during trading on Monday . The company traded as high as $150.14 and last traded at $150.14, with a volume of 1138 shares trading hands. The stock had previously closed at $148.34.

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

The company has a market capitalization of $7.07 billion, a P/E ratio of 14.69 and a beta of 1.13. The business has a 50 day moving average of $139.85 and a 200-day moving average of $134.87.

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

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $0.5237 per share. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors have recently added to or reduced their stakes in IJT. Oppenheimer Asset Management Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $25,596,000. Royal Fund Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $24,955,000. Christopher J. Hasenberg Inc purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $22,611,000. Strategic Financial Concepts LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth about $110,000. Finally, LPL Financial LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% in the 3rd quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after purchasing an additional 82,307 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors.

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.