NorthLanding Financial Partners LLC Takes Position in iShares S&P Small-Cap 600 Growth ETF $IJT

NorthLanding Financial Partners LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the second quarter, Holdings Channel.com reports. The institutional investor bought 5,046 shares of the company’s stock, valued at approximately $901,000. iShares S&P Small-Cap 600 Growth ETF makes up approximately 0.8% of NorthLanding Financial Partners LLC’s portfolio, making the stock its 18th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. AQR Capital Management LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF by 238.6% in the first quarter. AQR Capital Management LLC now owns 7,565 shares of the company’s stock valued at $942,000 after acquiring an additional 5,331 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth approximately $256,000. Gamco Investors INC. ET AL acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth approximately $220,000. NewEdge Advisors LLC lifted its holdings 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 purchasing an additional 586 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in iShares S&P Small-Cap 600 Growth ETF by 4.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 31,357 shares of the company’s stock valued at $4,172,000 after purchasing an additional 1,444 shares during the period. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.8%

Shares of IJT stock opened at $169.65 on Tuesday. The firm has a market capitalization of $8.08 billion, a PE ratio of 20.21 and a beta of 1.04. The firm has a fifty day simple moving average of $174.45 and a two-hundred day simple moving average of $162.35. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $132.98 and a 12 month 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 Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Monday, June 15th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.