Montecito Bank & Trust Makes New Investment in iShares S&P Small-Cap 600 Growth ETF $IJT

Montecito Bank & Trust acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,478 shares of the company’s stock, valued at approximately $775,000.

Several other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its position in iShares S&P Small-Cap 600 Growth ETF by 770.8% during the first quarter. Russell Investments Group Ltd. now owns 923 shares of the company’s stock valued at $115,000 after buying an additional 817 shares during the period. RWA Wealth Partners LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 15.1% in the first quarter. RWA Wealth Partners LLC now owns 5,311 shares of the company’s stock worth $661,000 after acquiring an additional 698 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 74.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 5,973 shares of the company’s stock worth $744,000 after acquiring an additional 2,543 shares in the last quarter. Level Four Advisory Services LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% during the 1st quarter. Level Four Advisory Services LLC now owns 42,550 shares of the company’s stock valued at $5,298,000 after acquiring an additional 166 shares during the period. Finally, Capital Analysts LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 6.9% during the 1st quarter. Capital Analysts LLC now owns 10,142 shares of the company’s stock valued at $1,262,000 after acquiring an additional 654 shares during the period. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.1%

NASDAQ IJT opened at $143.46 on Friday. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 20.21 and a beta of 1.09. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $107.38 and a twelve month high of $147.95. The stock has a 50-day moving average of $141.10 and a 200 day moving average of $138.19.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be given a $0.4214 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.31. The ex-dividend date is Tuesday, December 16th.

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.