Glenmede Trust Co. NA Decreases Position in iShares S&P Small-Cap 600 Growth ETF $IJT

Glenmede Trust Co. NA trimmed its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 346,762 shares of the company’s stock after selling 6,833 shares during the period. Glenmede Trust Co. NA’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $50,180,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quadcap Wealth Management LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.9% during the 1st quarter. Quadcap Wealth Management LLC now owns 7,599 shares of the company’s stock valued at $1,100,000 after purchasing an additional 66 shares during the last quarter. Taylor Financial Group Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the fourth quarter. Taylor Financial Group Inc. now owns 17,639 shares of the company’s stock worth $2,490,000 after buying an additional 79 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 3.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,482 shares of the company’s stock worth $352,000 after buying an additional 80 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 3.5% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 2,633 shares of the company’s stock worth $372,000 after buying an additional 88 shares during the period. Finally, NewEdge Wealth LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 6.0% during the first quarter. NewEdge Wealth LLC now owns 1,560 shares of the company’s stock valued at $226,000 after acquiring an additional 88 shares during 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 Trading Down 0.2%

Shares of IJT opened at $172.70 on Friday. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $129.88 and a twelve month high of $179.65. The company has a market cap of $8.21 billion, a P/E ratio of 20.21 and a beta of 1.04. The company’s fifty day simple moving average is $170.42 and its 200-day simple moving average is $158.57.

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

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.2566 per share. This represents a $1.03 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.22.

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.