Sowell Financial Services LLC Has $3.82 Million Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Sowell Financial Services LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 148.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,189 shares of the company’s stock after purchasing an additional 16,843 shares during the period. Sowell Financial Services LLC owned approximately 0.06% of iShares S&P Small-Cap 600 Growth ETF worth $3,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Kendall Capital Management lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 5.7% during the 4th quarter. Kendall Capital Management now owns 4,180 shares of the company’s stock worth $566,000 after purchasing an additional 225 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 0.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,023,028 shares of the company’s stock worth $138,487,000 after purchasing an additional 3,228 shares during the last quarter. EFG Asset Management Americas Corp. lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 35.4% during the 4th quarter. EFG Asset Management Americas Corp. now owns 7,145 shares of the company’s stock worth $967,000 after purchasing an additional 1,867 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 17.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 9,902 shares of the company’s stock worth $1,340,000 after purchasing an additional 1,505 shares during the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth approximately $822,000. 55.81% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ:IJT opened at $126.98 on Friday. The stock has a fifty day moving average price of $136.96 and a 200-day moving average price of $138.97. The company has a market cap of $5.99 billion, a price-to-earnings ratio of 19.15 and a beta of 1.14. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $121.20 and a fifty-two week high of $152.05.

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

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

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.