Royal Bank of Canada Grows Stock Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Royal Bank of Canada boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 4.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 339,450 shares of the company’s stock after purchasing an additional 13,190 shares during the period. Royal Bank of Canada’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $49,121,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IJT. Signature Resources Capital Management LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 18,800.0% during the 4th quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock valued at $27,000 after buying an additional 188 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 285.2% in the 4th quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after buying an additional 154 shares during the last quarter. Smartleaf Asset Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $36,000. North Star Investment Management Corp. grew its holdings 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 worth $36,000 after acquiring an additional 130 shares during the period. Finally, Biltmore Family Office LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

iShares S&P Small-Cap 600 Growth ETF stock opened at $172.70 on Monday. iShares S&P Small-Cap 600 Growth ETF has a one year low of $129.88 and a one year high of $179.65. The stock has a fifty day moving average of $170.42 and a 200 day moving average of $158.65. The stock has a market cap of $8.22 billion, a PE ratio of 20.21 and a beta of 1.04.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.2566 per share. The ex-dividend date was Monday, June 15th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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.