US Bancorp DE Cuts Stock Position in iShares S&P Small-Cap 600 Growth ETF $IJT

US Bancorp DE lowered its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 10.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 73,694 shares of the company’s stock after selling 8,627 shares during the period. US Bancorp DE owned approximately 0.16% of iShares S&P Small-Cap 600 Growth ETF worth $9,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock worth $110,723,000 after buying an additional 46,427 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 13.5% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after buying an additional 95,583 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 504,285 shares of the company’s stock worth $62,783,000 after buying an additional 15,629 shares during the last quarter. HighTower Advisors LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2.4% in the 1st quarter. HighTower Advisors LLC now owns 361,901 shares of the company’s stock worth $45,057,000 after buying an additional 8,540 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 16.8% during the 1st quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock worth $36,898,000 after purchasing an additional 42,548 shares during the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Down 2.8%

NASDAQ:IJT opened at $136.54 on Friday. The company has a market cap of $6.04 billion, a PE ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $107.38 and a twelve month high of $152.05. The company’s 50 day moving average is $139.79 and its two-hundred day moving average is $131.81.

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

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

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.