Sowell Financial Services LLC Sells 50,681 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Sowell Financial Services LLC lowered its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 55.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,900 shares of the company’s stock after selling 50,681 shares during the period. Sowell Financial Services LLC owned approximately 0.09% of iShares S&P Small-Cap 600 Growth ETF worth $6,558,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Albion Financial Group UT bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth about $26,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at approximately $37,000. Horizons Wealth Management acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter worth approximately $43,000. Angeles Wealth Management LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 70.0% in the 1st quarter. Angeles Wealth Management LLC now owns 340 shares of the company’s stock worth $49,000 after purchasing an additional 140 shares in the last quarter. Finally, Advisortrust Partners LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth $53,000. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.8%

Shares of NASDAQ:IJT opened at $166.96 on Friday. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05. The business’s 50 day moving average is $164.97 and its 200 day moving average is $161.32. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $132.98 and a 12-month high of $179.68.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 0.9%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date was Tuesday, September 15th.

iShares S&P Small-Cap 600 Growth ETF 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.