iShares S&P Small-Cap 600 Growth ETF $IJT Stock: Verity Asset Management Inc. Decreases Position

Verity Asset Management Inc. cut its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 69.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,526 shares of the company’s stock after selling 3,517 shares during the period. Verity Asset Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in IJT. Lee Financial Co acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $17,702,000. Royal Fund Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 1,257.8% during the 3rd quarter. Royal Fund Management LLC now owns 104,432 shares of the company’s stock worth $16,744,000 after purchasing an additional 96,741 shares during the last quarter. Sigma Planning Corp acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $8,224,000. Ifrah Financial Services Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $7,917,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 288.7% during the third quarter. Farther Finance Advisors LLC now owns 66,113 shares of the company’s stock worth $10,600,000 after buying an additional 49,106 shares in the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Down 4.3%

NASDAQ:IJT opened at $160.09 on Friday. The company has a market cap of $7.26 billion, a P/E ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $132.98 and a twelve month high of $179.68. The company’s 50-day moving average price is $164.09 and its 200-day moving average price is $161.70.

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

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

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.