HighTower Advisors LLC Acquires 19,237 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

HighTower Advisors LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 5.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 364,057 shares of the company’s stock after buying an additional 19,237 shares during the period. HighTower Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $51,516,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Balboa Wealth Partners bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth $235,000. Palisades Hudson Asset Management L.P. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 0.3% during the 3rd quarter. Palisades Hudson Asset Management L.P. now owns 105,370 shares of the company’s stock valued at $14,910,000 after purchasing an additional 320 shares in the last quarter. Fortress Financial Group LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 5.7% in the 3rd quarter. Fortress Financial Group LLC now owns 46,755 shares of the company’s stock valued at $6,616,000 after acquiring an additional 2,502 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at $206,000. Finally, Columbia Bank boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 8.7% in the 3rd quarter. Columbia Bank now owns 11,609 shares of the company’s stock worth $1,652,000 after buying an additional 929 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Up 1.3%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $152.49 on Tuesday. The business’s fifty day simple moving average is $147.68 and its 200 day simple moving average is $142.71. The firm has a market capitalization of $6.76 billion, a P/E ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $107.38 and a 12 month high of $154.71.

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

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

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.