iShares S&P Small-Cap 600 Growth ETF $IJT is Northwestern Mutual Wealth Management Co.’s 8th Largest Position

Northwestern Mutual Wealth Management Co. increased its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3,998.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 33,531,028 shares of the company’s stock after purchasing an additional 32,712,932 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up 2.3% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 8th biggest holding. Northwestern Mutual Wealth Management Co. owned about 0.76% of iShares S&P Small-Cap 600 Growth ETF worth $4,733,240,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IJT. Signature Resources Capital Management LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after acquiring an additional 188 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of 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. Ashton Thomas Securities LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth approximately $36,000. North Star Investment Management Corp. grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 102.4% in the 4th quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after buying an additional 130 shares during the last quarter. Finally, Biltmore Family Office LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at approximately $40,000. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 1.8%

Shares of NASDAQ:IJT opened at $158.51 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $125.24 and a 12-month high of $164.85. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of 20.21 and a beta of 1.07. The stock has a fifty day simple moving average of $152.31 and a two-hundred day simple moving average of $148.06.

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

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were paid a $0.22 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a yield of 0.6%.

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.