iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 1-Year High – Time to Buy?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)’s share price reached a new 52-week high on Wednesday . The company traded as high as $144.52 and last traded at $144.52, with a volume of 764 shares. The stock had previously closed at $138.62.

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

The business’s fifty day moving average price is $137.25 and its two-hundred day moving average price is $133.32. The stock has a market capitalization of $6.82 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The company also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.5237 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

Several hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.6% during the 2nd quarter. LPL Financial LLC now owns 781,445 shares of the company’s stock valued at $100,361,000 after purchasing an additional 12,110 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares S&P Small-Cap 600 Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 463,739 shares of the company’s stock valued at $59,563,000 after buying an additional 22,291 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 6.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 403,693 shares of the company’s stock valued at $56,311,000 after buying an additional 25,626 shares during the period. One Capital Management LLC boosted its position in iShares S&P Small-Cap 600 Growth ETF by 0.4% in the 2nd quarter. One Capital Management LLC now owns 326,869 shares of the company’s stock valued at $41,980,000 after buying an additional 1,291 shares during the period. Finally, Falcon Wealth Planning boosted its position in iShares S&P Small-Cap 600 Growth ETF by 10.3% in the 3rd quarter. Falcon Wealth Planning now owns 222,889 shares of the company’s stock valued at $31,091,000 after buying an additional 20,742 shares during the period. 55.81% of the stock is currently owned by institutional investors.

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.