iShares S&P Small-Cap 600 Growth ETF $IJT Shares Acquired by Novak & Powell Financial Services Inc.

Novak & Powell Financial Services Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 95.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,990 shares of the company’s stock after buying an additional 5,852 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises approximately 0.9% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its 25th largest position. Novak & Powell Financial Services Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,697,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at $36,000. Hantz Financial Services Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 160.0% during the third quarter. Hantz Financial Services Inc. now owns 299 shares of the company’s stock worth $42,000 after buying an additional 184 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $42,000. GGM Financials LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $44,000. Finally, Spire Wealth Management raised its stake 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 valued at $60,000 after acquiring an additional 124 shares during the period. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of IJT stock opened at $144.22 on Tuesday. iShares S&P Small-Cap 600 Growth ETF has a one year low of $107.38 and a one year high of $154.71. The firm’s 50 day moving average price is $149.80 and its 200-day moving average price is $144.45. The firm has a market cap of $6.39 billion, a P/E ratio of 20.21 and a beta of 1.09.

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.