Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Free Report) by 3,998.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,531,028 shares of the company’s stock after buying an additional 32,712,932 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF accounts for 2.3% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 8th largest holding. Northwestern Mutual Wealth Management Co. owned 75.69% of iShares S&P Small-Cap 600 Growth ETF worth $4,733,240,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 238.6% during the first quarter. AQR Capital Management LLC now owns 7,565 shares of the company’s stock worth $942,000 after purchasing an additional 5,331 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $256,000. Gamco Investors INC. ET AL bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth approximately $220,000. NewEdge Advisors LLC boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 6.0% in the 2nd quarter. NewEdge Advisors LLC now owns 10,312 shares of the company’s stock worth $1,372,000 after buying an additional 586 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 4.8% in the second quarter. Peapack Gladstone Financial Corp now owns 31,357 shares of the company’s stock valued at $4,172,000 after acquiring an additional 1,444 shares in the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.
iShares S&P Small-Cap 600 Growth ETF Stock Performance
IJT opened at $158.51 on Friday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $125.24 and a fifty-two week high of $164.85. The firm has a 50-day moving average of $152.31 and a 200 day moving average of $148.06. The firm has a market cap of $7.18 billion, a P/E ratio of 20.21 and a beta of 1.07.
iShares S&P Small-Cap 600 Growth ETF Cuts Dividend
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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