D.A. Davidson & CO. Purchases New Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

D.A. Davidson & CO. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 24,784 shares of the company’s stock, valued at approximately $3,974,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Albion Financial Group UT acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at approximately $26,000. Signaturefd LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at $28,000. Ashton Thomas Securities LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at $37,000. Horizons Wealth Management acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth $43,000. Finally, Highland Investment Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $59,000. Institutional investors own 55.81% of the company’s stock.

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

Shares of IJT opened at $164.34 on Monday. The company’s fifty day simple moving average is $164.80 and its 200 day simple moving average is $161.41. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $132.98 and a 1-year high of $179.68. The company has a market cap of $7.46 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 company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.36 dividend. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%.

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.