Pure Financial Advisors LLC Grows Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

Pure Financial Advisors LLC raised its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 40.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,067 shares of the company’s stock after buying an additional 876 shares during the period. Pure Financial Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truist Financial Corp increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 6.4% in the second quarter. Truist Financial Corp now owns 133,631 shares of the company’s stock valued at $17,778,000 after buying an additional 8,030 shares in the last quarter. Summit Financial Strategies Inc. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 25.1% in the second quarter. Summit Financial Strategies Inc. now owns 2,279 shares of the company’s stock valued at $303,000 after buying an additional 457 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock valued at $3,699,000 after buying an additional 84 shares in the last quarter. Fifth Third Securities Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.1% during the second quarter. Fifth Third Securities Inc. now owns 7,511 shares of the company’s stock worth $999,000 after purchasing an additional 367 shares in the last quarter. Finally, GC Wealth Management RIA LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 95.4% during the second quarter. GC Wealth Management RIA LLC now owns 4,097 shares of the company’s stock worth $545,000 after purchasing an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

IJT stock opened at $142.41 on Friday. The stock has a market capitalization of $6.30 billion, a P/E ratio of 20.21 and a beta of 1.13. The firm has a 50-day simple moving average of $139.19 and a 200-day simple moving average of $131.29. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $152.05.

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

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.314 per share. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend 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.