iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Update

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 51,150 shares, a drop of 55.3% from the August 31st total of 114,541 shares. Based on an average trading volume of 235,146 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.5%

Shares of NASDAQ:IJT traded down $0.77 during trading on Monday, hitting $161.89. 82,340 shares of the stock were exchanged, compared to its average volume of 156,511. The company has a market cap of $7.71 billion, a PE ratio of 20.21 and a beta of 1.04. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $132.98 and a 12-month high of $179.68. The company has a fifty day moving average price of $171.05 and a two-hundred day moving average price of $164.25.

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

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

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IJT. QRG Capital Management Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $298,000. Envestnet Portfolio Solutions Inc. increased its position in iShares S&P Small-Cap 600 Growth ETF by 36.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,954 shares of the company’s stock worth $1,242,000 after purchasing an additional 1,848 shares in the last quarter. Blue Edge Capital LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 68.0% in the 2nd quarter. Blue Edge Capital LLC now owns 44,864 shares of the company’s stock valued at $8,013,000 after purchasing an additional 18,155 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,122 shares of the company’s stock valued at $915,000 after purchasing an additional 75 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 51.1% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,306 shares of the company’s stock worth $769,000 after buying an additional 1,456 shares in 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 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.