iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sees Unusually-High Trading Volume – Time to Buy?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) shares saw strong trading volume on Tuesday. 304,925 shares traded hands during trading, an increase of 89% from the previous session’s volume of 161,637 shares. The stock last traded at $164.4560 and had previously closed at $163.99.

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

The company’s fifty day moving average is $169.82 and its two-hundred day moving average is $164.99. The company has a market cap of $7.79 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.36 per share. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

Institutional investors have recently bought and sold shares of the company. Hyundai Investments Co. Ltd. purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $839,000. Blue Edge Capital LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth $8,013,000. Keenan LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $1,374,000. NorthLanding Financial Partners LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth $901,000. Finally, Three Seasons Wealth LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth $1,809,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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.