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

Founders Grove Wealth Partners LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 8,860 shares of the company’s stock, valued at approximately $1,199,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Legacy Bridge LLC raised its holdings in 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 valued at $33,000 after acquiring an additional 100 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at about $36,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at about $39,000. Oakworth Capital Inc. raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 306.8% in the 3rd quarter. Oakworth Capital Inc. now owns 358 shares of the company’s stock valued at $50,000 after acquiring an additional 270 shares during the last quarter. Finally, Cedar Mountain Advisors LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 44.8% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 375 shares of the company’s stock valued at $52,000 after acquiring an additional 116 shares during the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 1.4 %

IJT stock opened at $136.05 on Wednesday. The company has a market cap of $6.49 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 12 month low of $118.72 and a 12 month high of $152.05. The firm has a 50-day moving average of $142.44 and a two-hundred day moving average of $138.03.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.3508 dividend. The ex-dividend date was Tuesday, December 17th.

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.