Northwestern Mutual Wealth Management Co. Raises Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Northwestern Mutual Wealth Management Co. grew its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 810,556 shares of the company’s stock after buying an additional 9,000 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $107,836,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Angeles Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the second quarter worth $27,000. Quaker Wealth Management LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 219 shares of the company’s stock worth $29,000 after purchasing an additional 437 shares during the period. Beacon Capital Management LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% during the 2nd quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock worth $36,000 after purchasing an additional 241 shares during the period. Trust Co. of Toledo NA OH purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at about $41,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at about $55,000. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.2%

IJT stock opened at $143.11 on Friday. The company’s 50-day moving average price is $140.40 and its 200 day moving average price is $136.74. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $150.52. The company has a market cap of $6.40 billion, a P/E ratio of 20.21 and a beta of 1.09.

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

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

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.