iShares S&P Small-Cap 600 Growth ETF $IJT Stock: Liberty Capital Management Inc. Lowers Position

Liberty Capital Management Inc. cut its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 99.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,837 shares of the company’s stock after selling 274,637 shares during the quarter. Liberty Capital Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $455,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Albion Financial Group UT purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at approximately $26,000. Signaturefd LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $28,000. Ashton Thomas Securities LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the first quarter worth approximately $37,000. Horizons Wealth Management acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $43,000. Finally, Angeles Wealth Management LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF by 70.0% in the 1st quarter. Angeles Wealth Management LLC now owns 340 shares of the company’s stock worth $49,000 after acquiring an additional 140 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

IJT stock opened at $160.09 on Friday. The company has a 50 day moving average price of $164.09 and a two-hundred day moving average price of $161.70. The stock has a market capitalization of $7.26 billion, a P/E ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a one year low of $132.98 and a one year high of $179.68.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 0.9%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date was Tuesday, September 15th.

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.