Strategic Financial Concepts LLC Invests $2.44 Million in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Strategic Financial Concepts LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the fourth quarter, HoldingsChannel reports. The firm acquired 18,004 shares of the company’s stock, valued at approximately $2,437,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IJT. Allworth Financial LP increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 168.3% during the fourth quarter. Allworth Financial LP now owns 7,617 shares of the company’s stock worth $1,073,000 after acquiring an additional 4,778 shares during the period. Amarillo National Bank purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth $218,000. Principal Securities Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF by 4.9% during the 4th quarter. Principal Securities Inc. now owns 4,323 shares of the company’s stock valued at $585,000 after purchasing an additional 201 shares in the last quarter. Congress Asset Management Co. purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $284,000. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2.6% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 20,742 shares of the company’s stock worth $2,808,000 after buying an additional 519 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 Price Performance

IJT stock opened at $139.36 on Tuesday. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $121.20 and a 1-year high of $152.05. The business has a 50-day moving average price of $139.18 and a 200 day moving average price of $138.97. The company has a market capitalization of $6.62 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.