JNBA Financial Advisors Sells 124 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

JNBA Financial Advisors cut its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,539 shares of the company’s stock after selling 124 shares during the quarter. JNBA Financial Advisors’ holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,003,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IJT. Twelve Points Wealth Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the second quarter worth $211,000. San Luis Wealth Advisors LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the second quarter worth $4,000,000. Janney Montgomery Scott LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock worth $3,699,000 after acquiring an additional 84 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock worth $110,723,000 after acquiring an additional 46,427 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the first quarter worth $1,008,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IJT opened at $136.54 on Friday. The company has a market cap of $6.04 billion, a P/E ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $107.38 and a 1 year high of $152.05. The stock’s fifty day moving average price is $139.79 and its 200-day moving average price is $131.77.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were issued a $0.314 dividend. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.