Bedell Frazier Investment Counselling LLC Takes Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Bedell Frazier Investment Counselling LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 58,158 shares of the company’s stock, valued at approximately $7,873,000. iShares S&P Small-Cap 600 Growth ETF accounts for approximately 2.0% of Bedell Frazier Investment Counselling LLC’s investment portfolio, making the stock its 17th biggest position. Bedell Frazier Investment Counselling LLC owned 0.12% of iShares S&P Small-Cap 600 Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Droms Strauss Advisors Inc. MO ADV acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at approximately $7,932,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $2,437,000. Jane Street Group LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 135.6% during the third quarter. Jane Street Group LLC now owns 5,809 shares of the company’s stock worth $810,000 after acquiring an additional 3,343 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 194.1% during the fourth quarter. Park Avenue Securities LLC now owns 5,115 shares of the company’s stock worth $692,000 after acquiring an additional 3,376 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in iShares S&P Small-Cap 600 Growth ETF by 129.0% during the third quarter. Thrivent Financial for Lutherans now owns 9,404 shares of the company’s stock valued at $1,311,000 after purchasing an additional 5,298 shares during 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 $123.48 on Monday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $120.32 and a fifty-two week high of $152.05. The stock’s 50-day moving average is $133.49 and its two-hundred day moving average is $137.91. The firm has a market cap of $5.87 billion, a P/E ratio of 19.20 and a beta of 1.13.

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

The company also recently disclosed a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a $0.2502 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

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.