Vestmark Advisory Solutions Inc. Makes New $351,000 Investment in iShares S&P Small-Cap 600 Growth ETF $IJT

Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 2,635 shares of the company’s stock, valued at approximately $351,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Angeles Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at about $27,000. Quaker Wealth Management LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 200.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 219 shares of the company’s stock valued at $29,000 after buying an additional 437 shares during the last quarter. Beacon Capital Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 803.3% in the second quarter. Beacon Capital Management LLC now owns 271 shares of the company’s stock valued at $36,000 after acquiring an additional 241 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth approximately $41,000. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at $55,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.3%

Shares of NASDAQ IJT opened at $140.31 on Thursday. The stock has a market capitalization of $6.27 billion, a PE ratio of 20.21 and a beta of 1.09. The firm has a fifty day moving average of $141.13 and a 200-day moving average of $135.64. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $107.38 and a 52-week high of $152.05.

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

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