Paragon Private Wealth Management LLC Reduces Stock Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Paragon Private Wealth Management LLC trimmed its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 46.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,799 shares of the company’s stock after selling 3,255 shares during the period. Paragon Private Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of IJT. Northwestern Mutual Wealth Management Co. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3,998.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,531,028 shares of the company’s stock valued at $4,733,240,000 after acquiring an additional 32,712,932 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.0% during the first quarter. Bank of America Corp DE now owns 2,046,459 shares of the company’s stock worth $296,143,000 after acquiring an additional 19,746 shares during the last quarter. UBS Group AG grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.6% during the third quarter. UBS Group AG now owns 1,068,064 shares of the company’s stock worth $151,131,000 after acquiring an additional 6,157 shares during the last quarter. LPL Financial LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 0.5% in the fourth quarter. LPL Financial LLC now owns 957,106 shares of the company’s stock valued at $135,105,000 after purchasing an additional 4,940 shares during the period. Finally, Brown Advisory Inc. increased its position in iShares S&P Small-Cap 600 Growth ETF by 55.9% in the 4th quarter. Brown Advisory Inc. now owns 836,147 shares of the company’s stock valued at $118,031,000 after acquiring an additional 299,807 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

iShares S&P Small-Cap 600 Growth ETF stock opened at $173.07 on Friday. The stock has a market capitalization of $8.23 billion, a PE ratio of 20.21 and a beta of 1.04. The business has a 50 day simple moving average of $170.20 and a 200-day simple moving average of $158.47. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $129.88 and a 12 month high of $179.65.

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

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.2566 dividend. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22. This represents a $1.03 annualized dividend and a dividend yield of 0.6%.

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.