iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Unusually-High Trading Volume – What’s Next?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw unusually-high trading volume on Thursday . Approximately 330,131 shares changed hands during trading, an increase of 182% from the previous session’s volume of 117,167 shares.The stock last traded at $161.81 and had previously closed at $160.49.

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

The firm’s 50-day moving average price is $152.31 and its 200-day moving average price is $148.06. The stock has a market cap of $7.18 billion, a P/E ratio of 20.21 and a beta of 1.07.

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

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, March 17th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IJT. AQR Capital Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 238.6% in the first quarter. AQR Capital Management LLC now owns 7,565 shares of the company’s stock worth $942,000 after buying an additional 5,331 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth approximately $256,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $220,000. NewEdge Advisors LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 10,312 shares of the company’s stock worth $1,372,000 after acquiring an additional 586 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 4.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 31,357 shares of the company’s stock valued at $4,172,000 after acquiring an additional 1,444 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

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