iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Shares Purchased by Novak & Powell Financial Services Inc.

Novak & Powell Financial Services Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 83.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 23,690 shares of the company’s stock after acquiring an additional 10,790 shares during the period. iShares S&P Small-Cap 600 Growth ETF accounts for about 1.7% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its 15th largest position. Novak & Powell Financial Services Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,918,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2.9% during the 4th quarter. Bank of America Corp DE now owns 1,919,434 shares of the company’s stock worth $259,834,000 after purchasing an additional 53,484 shares during the period. FMR LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 0.9% in the 4th quarter. FMR LLC now owns 1,355,351 shares of the company’s stock valued at $183,474,000 after acquiring an additional 12,648 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 8.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,248,807 shares of the company’s stock worth $169,051,000 after purchasing an additional 93,776 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock valued at $138,487,000 after purchasing an additional 3,228 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 4.4% during the 4th quarter. Ameriprise Financial Inc. now owns 512,470 shares of the company’s stock worth $69,361,000 after buying an additional 21,493 shares in the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.2%

NASDAQ:IJT opened at $130.70 on Wednesday. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $152.05. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 19.11 and a beta of 1.13. The company has a fifty day simple moving average of $122.16 and a two-hundred day simple moving average of $133.43.

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

The business also recently disclosed a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a dividend of $0.2502 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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.