TBH Global Asset Management LLC Invests $561,000 in iShares S&P Small-Cap 600 Growth ETF $IJT

TBH Global Asset Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 3,962 shares of the company’s stock, valued at approximately $561,000.

A number of other institutional investors have also added to or reduced their stakes in IJT. Atlantic Union Bankshares Corp purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at approximately $71,000. Twelve Points Wealth Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $211,000. San Luis Wealth Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at $4,000,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 0.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 27,804 shares of the company’s stock valued at $3,699,000 after acquiring an additional 84 shares during the period. Finally, Bank of Montreal Can raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.9% in the 2nd quarter. Bank of Montreal Can now owns 35,380 shares of the company’s stock worth $4,707,000 after acquiring an additional 657 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of IJT stock opened at $143.27 on Wednesday. The stock’s 50-day moving average is $141.79 and its 200 day moving average is $139.11. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $147.95. The company has a market cap of $6.40 billion, a P/E ratio of 20.21 and a beta of 1.09.

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

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

iShares S&P Small-Cap 600 Growth ETF Company 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.