iShares S&P Small-Cap 600 Growth ETF $IJT Stock Sold by Freedom Day Solutions LLC

Freedom Day Solutions LLC decreased its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 99.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,417 shares of the company’s stock after selling 456,536 shares during the period. Freedom Day Solutions LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $227,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IJT. CFS Investment Advisory Services LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 25.3% in the third quarter. CFS Investment Advisory Services LLC now owns 2,285 shares of the company’s stock valued at $375,000 after acquiring an additional 462 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $830,000. Sonata Capital Group Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $2,393,000. Capital Square LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 2.3% during the third quarter. Capital Square LLC now owns 12,560 shares of the company’s stock worth $2,014,000 after purchasing an additional 288 shares in the last quarter. Finally, Lee Financial Co bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $17,702,000. 55.81% of the stock is currently owned by institutional investors.

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

IJT opened at $159.53 on Tuesday. The company has a market capitalization of $7.48 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $132.98 and a 1-year high of $179.68. The business has a 50 day moving average price of $167.06 and a two-hundred day moving average price of $166.27.

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

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.36 per share. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date was Tuesday, September 15th. This represents a $1.44 annualized dividend and a dividend yield of 0.9%.

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