iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 12-Month High – Time to Buy?

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) hit a new 52-week high during trading on Monday . The company traded as high as $171.53 and last traded at $171.36, with a volume of 4237 shares. The stock had previously closed at $169.03.

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

The business has a 50 day moving average of $159.75 and a 200 day moving average of $151.52. The company has a market cap of $7.73 billion, a PE ratio of 20.21 and a beta of 1.06.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Signature Resources Capital Management LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 18,800.0% in the fourth quarter. Signature Resources Capital Management LLC now owns 189 shares of the company’s stock worth $27,000 after acquiring an additional 188 shares during the period. Sound Income Strategies LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 285.2% in the fourth quarter. Sound Income Strategies LLC now owns 208 shares of the company’s stock worth $31,000 after acquiring an additional 154 shares during the period. North Star Investment Management Corp. lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 102.4% in the fourth quarter. North Star Investment Management Corp. now owns 257 shares of the company’s stock worth $36,000 after acquiring an additional 130 shares during the period. Smartleaf Asset Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $36,000. Finally, Ashton Thomas Securities LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the first quarter worth $37,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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