iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Announces Dividend Increase – $0.42 Per Share

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) declared a quarterly dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be paid a dividend of 0.4214 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, December 16th. This is a 34.2% increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31.

iShares S&P Small-Cap 600 Growth ETF Trading Down 0.4%

IJT stock opened at $145.41 on Tuesday. The company has a market cap of $6.50 billion, a PE ratio of 20.21 and a beta of 1.09. The stock has a 50-day moving average price of $140.95 and a two-hundred day moving average price of $138.01. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $107.38 and a 12-month high of $147.95.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Several large investors have recently modified their holdings of IJT. Brown Advisory Inc. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 59.0% in the second quarter. Brown Advisory Inc. now owns 471,121 shares of the company’s stock valued at $62,678,000 after purchasing an additional 174,750 shares during the last quarter. World Investment Advisors grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 968.9% during the second quarter. World Investment Advisors now owns 179,400 shares of the company’s stock worth $23,867,000 after buying an additional 162,617 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 13,193.7% in the second quarter. Laurel Wealth Advisors LLC now owns 134,000 shares of the company’s stock worth $17,827,000 after buying an additional 132,992 shares during the last quarter. M&T Bank Corp raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 31.2% in the third 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 in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 27.2% during 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 currently owned by institutional investors and hedge funds.

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.