Lion Street Advisors LLC Sells 1,530 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Lion Street Advisors LLC cut its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 25.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,590 shares of the company’s stock after selling 1,530 shares during the period. Lion Street Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $611,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Centennial Bank AR bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $29,000. CX Institutional bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $30,000. Beacon Capital Management LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% during the second quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock valued at $36,000 after buying an additional 241 shares during the period. Trust Co. of Toledo NA OH bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at about $41,000. Finally, CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 49.4% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 390 shares of the company’s stock valued at $49,000 after buying an additional 129 shares during the period. 55.81% of the stock is currently owned by institutional investors.

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

Shares of IJT opened at $136.54 on Monday. The business’s 50-day moving average price is $139.79 and its 200-day moving average price is $131.85. 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 stock 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Tuesday, September 16th were given a $0.314 dividend. This represents a $1.26 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 $0.29. The ex-dividend date was Tuesday, September 16th.

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.