Park Avenue Securities LLC Makes New $5.30 Million Investment in iShares S&P Small-Cap 600 Growth ETF $IJT

Park Avenue Securities LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 33,083 shares of the company’s stock, valued at approximately $5,304,000. Park Avenue Securities LLC owned about 0.07% of iShares S&P Small-Cap 600 Growth ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IJT. Apollon Wealth Management LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 4.9% during the third quarter. Apollon Wealth Management LLC now owns 5,454 shares of the company’s stock worth $874,000 after acquiring an additional 256 shares during the period. Sigma Planning Corp bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at approximately $8,224,000. Valley National Advisers Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $285,000. Signaturefd LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $28,000. Finally, ORBA Wealth Advisors L.L.C. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 30.7% in the third quarter. ORBA Wealth Advisors L.L.C. now owns 1,630 shares of the company’s stock valued at $261,000 after purchasing an additional 383 shares during the period. 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 business’s 50 day moving average is $164.97 and its 200 day moving average is $161.32. The stock has a market cap of $7.63 billion, a P/E ratio of 20.21 and a beta of 1.05. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $132.98 and a 52-week high of $179.68.

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

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a $0.36 dividend. The ex-dividend date was Tuesday, September 15th. 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.

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.