Franklin Resources Inc. Purchases 398 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Franklin Resources Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 0.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,579 shares of the company’s stock after purchasing an additional 398 shares during the quarter. Franklin Resources Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $9,599,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter worth $27,000. Legacy Bridge LLC boosted its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 73.5% during the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after buying an additional 100 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at about $36,000. HHM Wealth Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at about $34,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth about $39,000. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.5 %

IJT stock opened at $136.90 on Friday. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $118.72 and a twelve month high of $152.05. The business has a 50 day moving average price of $142.91 and a two-hundred day moving average price of $136.95.

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

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