Rovin Capital UT ADV Increases Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Rovin Capital UT ADV lifted its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 875.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,552 shares of the company’s stock after acquiring an additional 38,188 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF accounts for 1.6% of Rovin Capital UT ADV’s portfolio, making the stock its 14th largest position. Rovin Capital UT ADV’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $6,021,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IJT. Brown Advisory Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF by 59.0% in the 2nd quarter. Brown Advisory Inc. now owns 471,121 shares of the company’s stock worth $62,678,000 after purchasing an additional 174,750 shares during the period. World Investment Advisors boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 968.9% during the second quarter. World Investment Advisors now owns 179,400 shares of the company’s stock valued at $23,867,000 after buying an additional 162,617 shares during the period. Laurel Wealth Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 13,193.7% during the second quarter. Laurel Wealth Advisors LLC now owns 134,000 shares of the company’s stock valued at $17,827,000 after buying an additional 132,992 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth approximately $9,473,000. Finally, Future Fund LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth approximately $8,543,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.2%

IJT opened at $150.75 on Monday. The business has a fifty day moving average of $143.18 and a 200 day moving average of $140.48. The stock has a market cap of $6.70 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $107.38 and a 52-week high of $151.71.

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

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.4214 dividend. The ex-dividend date was Tuesday, December 16th. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31. This represents a $1.69 dividend on an annualized basis and a dividend yield of 1.1%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.