iShares S&P Small-Cap 600 Growth ETF $IJT Shares Sold by Verity Asset Management Inc.

Verity Asset Management Inc. reduced its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 69.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,526 shares of the company’s stock after selling 3,517 shares during the quarter. Verity Asset Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $245,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Lee Financial Co acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth $17,702,000. Royal Fund Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1,257.8% during the 3rd quarter. Royal Fund Management LLC now owns 104,432 shares of the company’s stock worth $16,744,000 after acquiring an additional 96,741 shares during the period. Sigma Planning Corp acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $8,224,000. Ifrah Financial Services Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $7,917,000. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 288.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 66,113 shares of the company’s stock valued at $10,600,000 after acquiring an additional 49,106 shares during the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Down 4.3%

Shares of IJT opened at $160.09 on Friday. 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 firm has a 50-day moving average price of $164.09 and a 200 day moving average price of $161.70. The firm has a market capitalization of $7.26 billion, a P/E ratio of 20.21 and a beta of 1.06.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a 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.

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.