iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 12-Month Low – Time to Sell?

Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) reached a new 52-week low on Thursday . The company traded as low as $120.32 and last traded at $120.90, with a volume of 130148 shares traded. The stock had previously closed at $123.23.

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

The firm has a market cap of $5.75 billion, a P/E ratio of 19.15 and a beta of 1.13. The business’s 50 day moving average is $136.24 and its 200-day moving average is $138.69.

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

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Several large investors have recently modified their holdings of IJT. Bank of America Corp DE raised its stake in iShares S&P Small-Cap 600 Growth ETF by 2.9% during the fourth quarter. Bank of America Corp DE now owns 1,919,434 shares of the company’s stock valued at $259,834,000 after buying an additional 53,484 shares in the last quarter. FMR LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.9% during the 4th quarter. FMR LLC now owns 1,355,351 shares of the company’s stock valued at $183,474,000 after acquiring an additional 12,648 shares in the last quarter. Wells Fargo & Company MN lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 8.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,248,807 shares of the company’s stock worth $169,051,000 after purchasing an additional 93,776 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock worth $138,487,000 after purchasing an additional 3,228 shares during the period. Finally, LPL Financial LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 10.5% in the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after purchasing an additional 82,307 shares during the period. Institutional investors own 55.81% of the company’s stock.

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.