Falcon Wealth Planning Has $25.84 Million Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Falcon Wealth Planning raised its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 6.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 178,532 shares of the company’s stock after purchasing an additional 10,478 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up 1.8% of Falcon Wealth Planning’s portfolio, making the stock its 17th biggest position. Falcon Wealth Planning’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $25,835,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kestra Private Wealth Services LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 5.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 146,265 shares of the company’s stock worth $21,166,000 after acquiring an additional 7,875 shares during the period. Ritholtz Wealth Management acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at about $244,000. Blue Trust Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 18.5% in the first quarter. Blue Trust Inc. now owns 1,870 shares of the company’s stock valued at $271,000 after acquiring an additional 292 shares during the period. Vermillion Wealth Management Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at about $52,000. Finally, John A. Wolfe & Associates Inc. acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth about $2,917,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

Shares of IJT opened at $175.18 on Friday. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $129.88 and a 12 month high of $176.41. The company has a 50-day moving average price of $163.28 and a two-hundred day moving average price of $153.30.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.2566 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.03 annualized dividend and a dividend yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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.