iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 12-Month High – Time to Buy?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJTGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $171.53 and last traded at $171.36, with a volume of 4237 shares trading hands. The stock had previously closed at $169.03.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.9%

The business’s 50-day simple moving average is $159.75 and its 200 day simple moving average is $151.52. The firm has a market capitalization of $7.73 billion, a P/E ratio of 20.21 and a beta of 1.06.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in IJT. Signature Resources Capital Management LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after buying an additional 188 shares during the period. Sound Income Strategies LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% in the fourth quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after buying an additional 154 shares during the period. North Star Investment Management Corp. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 102.4% in the fourth quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after buying an additional 130 shares during the period. Smartleaf Asset Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $36,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter worth $37,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

About iShares S&P Small-Cap 600 Growth ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for iShares S&P Small-Cap 600 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P Small-Cap 600 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.