M Holdings Securities Inc. Purchases New Position in iShares S&P Small-Cap 600 Growth ETF $IJT

M Holdings Securities Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,463 shares of the company’s stock, valued at approximately $559,000.

A number of other institutional investors and hedge funds have also modified their holdings of IJT. Serenity Investment Advisors grew its stake in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the 3rd quarter. Serenity Investment Advisors now owns 17,427 shares of the company’s stock valued at $2,794,000 after buying an additional 63 shares during the last quarter. Quadcap Wealth Management LLC lifted its position in 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 worth $1,100,000 after acquiring an additional 66 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 1.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,122 shares of the company’s stock worth $915,000 after acquiring an additional 75 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 29.6% during the second quarter. CoreCap Advisors LLC now owns 337 shares of the company’s stock valued at $60,000 after acquiring an additional 77 shares during the period. Finally, VestGen Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.2% during the third quarter. VestGen Advisors LLC now owns 6,916 shares of the company’s stock valued at $1,109,000 after acquiring an additional 85 shares during the period. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Performance

Shares of NASDAQ:IJT opened at $165.56 on Wednesday. The company has a market cap of $7.46 billion, a P/E ratio of 20.21 and a beta of 1.06. The stock’s 50-day moving average is $163.67 and its 200-day moving average is $161.90. 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 firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 15th. 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.