Sigma Planning Corp Reduces Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Sigma Planning Corp trimmed its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 14.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,426 shares of the company’s stock after selling 7,657 shares during the period. Sigma Planning Corp’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $5,780,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Transcendent Capital Group LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.8% in the 1st quarter. Transcendent Capital Group LLC now owns 2,391 shares of the company’s stock valued at $298,000 after buying an additional 131 shares during the last quarter. Asset Dedication LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.6% during the 1st quarter. Asset Dedication LLC now owns 16,152 shares of the company’s stock worth $2,011,000 after purchasing an additional 558 shares during the period. Family Firm Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 7.9% during the 1st quarter. Family Firm Inc. now owns 26,985 shares of the company’s stock worth $3,360,000 after purchasing an additional 1,968 shares during the period. Fifth Third Securities Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 2.9% during the 1st quarter. Fifth Third Securities Inc. now owns 7,144 shares of the company’s stock worth $889,000 after purchasing an additional 201 shares during the period. Finally, Cerity Partners LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 4.0% during the 1st quarter. Cerity Partners LLC now owns 291,617 shares of the company’s stock worth $36,306,000 after purchasing an additional 11,177 shares during the period. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NASDAQ:IJT opened at $135.91 on Monday. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $152.05. The stock has a market cap of $6.16 billion, a P/E ratio of 20.21 and a beta of 1.13. The firm has a fifty day moving average price of $130.50 and a 200 day moving average price of $129.87.

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

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.2939 dividend. This represents a $1.18 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Monday, June 16th.

iShares S&P Small-Cap 600 Growth ETF Company 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.