Gateway Wealth Partners LLC Buys New Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Gateway Wealth Partners LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the first quarter, Holdings Channel.com reports. The fund bought 2,988 shares of the company’s stock, valued at approximately $432,000.

Other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its stake in shares of 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 worth $942,000 after acquiring an additional 5,331 shares during the last quarter. Flow Traders U.S. LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $256,000. Gamco Investors INC. ET AL acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at $220,000. NewEdge Advisors LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 10,312 shares of the company’s stock valued at $1,372,000 after purchasing an additional 586 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in iShares S&P Small-Cap 600 Growth ETF by 4.8% during 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 last quarter. 55.81% of the stock is owned by institutional investors.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $172.70 on Friday. The company has a market cap of $8.21 billion, a PE ratio of 20.21 and a beta of 1.04. The firm has a fifty day moving average price of $170.42 and a two-hundred day moving average price of $158.57. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $129.88 and a fifty-two week high of $179.65.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.2566 per share. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, June 15th.

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.