LPL Financial LLC Grows Position in iShares S&P Small-Cap 600 Growth ETF $IJT

LPL Financial LLC boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 0.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 957,106 shares of the company’s stock after purchasing an additional 4,940 shares during the period. LPL Financial LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $135,105,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IJT. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 3,998.7% in the 4th 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 during the last quarter. AlphaCore Capital LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 258,421.1% in the 4th quarter. AlphaCore Capital LLC now owns 196,476 shares of the company’s stock valued at $27,735,000 after acquiring an additional 196,400 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 31.2% in the 3rd quarter. M&T Bank Corp now owns 550,176 shares of the company’s stock valued at $77,850,000 after acquiring an additional 130,915 shares during the last quarter. TBH Global Asset Management LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 2,860.7% in the 4th quarter. TBH Global Asset Management LLC now owns 117,301 shares of the company’s stock valued at $16,558,000 after acquiring an additional 113,339 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 27.2% in the 3rd quarter. Raymond James Financial Inc. now owns 460,368 shares of the company’s stock valued at $65,142,000 after acquiring an additional 98,568 shares during the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

IJT stock opened at $162.62 on Thursday. The firm’s fifty day simple moving average is $158.83 and its 200-day simple moving average is $151.09. The company has a market capitalization of $7.37 billion, a P/E ratio of 20.21 and a beta of 1.06. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $127.77 and a 12 month high of $166.43.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.