PNC Financial Services Group Inc. Cuts Holdings in iShares S&P Small-Cap 600 Growth ETF $IJT

PNC Financial Services Group Inc. lowered its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 899,545 shares of the company’s stock after selling 21,526 shares during the period. PNC Financial Services Group Inc. owned 2.01% of iShares S&P Small-Cap 600 Growth ETF worth $127,286,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of IJT. Angeles Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth $27,000. Quaker Wealth Management LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 200.5% in the second quarter. Quaker Wealth Management LLC now owns 219 shares of the company’s stock worth $29,000 after purchasing an additional 437 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $36,000. Hantz Financial Services Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 160.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 299 shares of the company’s stock valued at $42,000 after buying an additional 184 shares in the last quarter. Finally, Spire Wealth Management grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 41.3% in the 3rd quarter. Spire Wealth Management now owns 424 shares of the company’s stock worth $60,000 after buying an additional 124 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.3%

NASDAQ IJT opened at $152.49 on Monday. The firm has a market cap of $6.76 billion, a PE ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $154.71. The company has a 50 day moving average price of $147.49 and a 200 day moving average price of $142.58.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $0.4214 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31.

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.