Prospera Financial Services Inc Sells 745 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Prospera Financial Services Inc lowered its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,038 shares of the company’s stock after selling 745 shares during the period. Prospera Financial Services Inc’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $8,787,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. World Investment Advisors raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 968.9% in the 2nd quarter. World Investment Advisors now owns 179,400 shares of the company’s stock worth $23,867,000 after acquiring an additional 162,617 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 13.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after purchasing an additional 95,583 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at about $9,473,000. Cordatus Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $7,713,000. Finally, LPL Financial LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after buying an additional 46,427 shares in the last quarter. 55.81% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7%

NASDAQ IJT opened at $139.83 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $107.38 and a 52 week high of $152.05. The company has a 50 day moving average price of $141.10 and a 200 day moving average price of $135.21. The firm has a market cap of $6.25 billion, a PE ratio of 20.21 and a beta of 1.09.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.314 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 dividend on an annualized basis and a dividend yield of 0.9%.

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.