Gateway Wealth Partners LLC Takes Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Gateway Wealth Partners LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,988 shares of the company’s stock, valued at approximately $432,000.

A number of other institutional investors have also made changes to their positions in the stock. Signature Resources Capital Management LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 18,800.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after purchasing an additional 188 shares during the period. Sound Income Strategies LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 285.2% during the fourth quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock valued at $31,000 after purchasing an additional 154 shares during the last quarter. North Star Investment Management Corp. raised its position 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 valued at $36,000 after purchasing an additional 130 shares during the period. Smartleaf Asset Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at approximately $36,000. Finally, Biltmore Family Office LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $40,000. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.2%

NASDAQ IJT opened at $172.70 on Friday. The company has a fifty day simple moving average of $170.42 and a 200 day simple moving average of $158.57. The company has a market cap of $8.21 billion, a P/E ratio of 20.21 and a beta of 1.04. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $129.88 and a 1 year high of $179.65.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.2566 dividend. This is a boost 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 yield of 0.6%.

iShares S&P Small-Cap 600 Growth ETF 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.