LPL Financial LLC Boosts Stock Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

LPL Financial LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 0.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 957,106 shares of the company’s stock after purchasing an additional 4,940 shares during the period. LPL Financial LLC owned 2.16% of iShares S&P Small-Cap 600 Growth ETF worth $135,105,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 33,531,028 shares of the company’s stock worth $4,733,240,000 after buying an additional 32,712,932 shares during the last quarter. AlphaCore Capital LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 258,421.1% in the 4th quarter. AlphaCore Capital LLC now owns 196,476 shares of the company’s stock worth $27,735,000 after buying an additional 196,400 shares during the last quarter. M&T Bank Corp grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 31.2% in the 3rd quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock worth $77,850,000 after buying an additional 130,915 shares during the last quarter. TBH Global Asset Management LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2,860.7% in the 4th quarter. TBH Global Asset Management LLC now owns 117,301 shares of the company’s stock worth $16,558,000 after buying an additional 113,339 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 27.2% in the 3rd quarter. Raymond James Financial Inc. now owns 460,368 shares of the company’s stock worth $65,142,000 after buying an additional 98,568 shares during 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 Stock Down 0.8%

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $162.62 on Thursday. The firm’s 50 day moving average price is $158.83 and its 200-day moving average price is $151.09. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $127.77 and a 52-week high of $166.43. The company has a market cap of $7.37 billion, a P/E ratio of 20.21 and a beta of 1.06.

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

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were given a $0.22 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.5%.

iShares S&P Small-Cap 600 Growth ETF 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.