Richards Merrill & Peterson Inc. Purchases 5,175 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Richards Merrill & Peterson Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,175 shares of the company’s stock, valued at approximately $830,000.

Several other hedge funds have also added to or reduced their stakes in the company. Sonata Capital Group Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth approximately $2,393,000. Capital Square LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 2.3% during the third quarter. Capital Square LLC now owns 12,560 shares of the company’s stock worth $2,014,000 after buying an additional 288 shares during the last quarter. Lee Financial Co acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $17,702,000. USA Financial Formulas acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $2,713,000. Finally, McKinley Carter Wealth Services Inc. acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $1,304,000. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.4%

IJT stock traded up $0.56 during midday trading on Monday, reaching $159.53. The company’s stock had a trading volume of 176,708 shares, compared to its average volume of 162,236. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $132.98 and a 52 week high of $179.68. The stock has a market cap of $7.48 billion, a PE ratio of 20.21 and a beta of 1.05. The business’s 50-day simple moving average is $167.39 and its 200-day simple moving average is $166.16.

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

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were paid a $0.36 dividend. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%.

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.