Private Advisor Group LLC Has $4.23 Million Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Private Advisor Group LLC reduced its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 31,211 shares of the company’s stock after selling 950 shares during the period. Private Advisor Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $4,225,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Assetmark Inc. raised its stake in iShares S&P Small-Cap 600 Growth ETF by 1,328.7% during the third quarter. Assetmark Inc. now owns 1,243 shares of the company’s stock worth $173,000 after acquiring an additional 1,156 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18.4% during the third quarter. Sequoia Financial Advisors LLC now owns 2,398 shares of the company’s stock worth $335,000 after buying an additional 372 shares during the period. Droms Strauss Advisors Inc. MO ADV bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $7,932,000. Strategic Financial Concepts LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth approximately $2,437,000. Finally, Jane Street Group LLC raised its stake in iShares S&P Small-Cap 600 Growth ETF by 135.6% during the 3rd quarter. Jane Street Group LLC now owns 5,809 shares of the company’s stock worth $810,000 after buying an additional 3,343 shares during the period. Institutional investors own 55.81% of the company’s stock.

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

Shares of NASDAQ IJT opened at $133.38 on Monday. The company has a 50-day moving average price of $138.58 and a 200-day moving average price of $139.20. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $121.20 and a 1 year high of $152.05. The stock has a market capitalization of $6.34 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.3508 dividend. The ex-dividend date was Tuesday, December 17th.

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.