Gerald Baker Financial Group LLC Buys Shares of 6,200 iShares S&P Small-Cap 600 Growth ETF $IJT

Gerald Baker Financial Group LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,200 shares of the company’s stock, valued at approximately $839,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Independent Financial Group LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at about $339,000. D.A. Davidson & CO. grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 80.4% in the 1st quarter. D.A. Davidson & CO. now owns 7,455 shares of the company’s stock valued at $1,079,000 after buying an additional 3,322 shares in the last quarter. Beaumont Financial Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 1.2% in the 1st quarter. Beaumont Financial Advisors LLC now owns 249,133 shares of the company’s stock valued at $36,052,000 after buying an additional 3,035 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.7% in the first quarter. Bank of New York Mellon Corp now owns 53,781 shares of the company’s stock worth $7,783,000 after buying an additional 903 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 19.3% in the first quarter. Geneos Wealth Management Inc. now owns 2,961 shares of the company’s stock worth $428,000 after buying an additional 478 shares during the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IJT opened at $174.08 on Friday. The firm has a market cap of $8.32 billion, a PE ratio of 20.21 and a beta of 1.04. The firm’s 50 day moving average price is $167.85 and its 200 day moving average price is $156.50. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $129.88 and a twelve month high of $179.65.

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

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

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.