Truist Financial Corp Raises Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Truist Financial Corp raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,619 shares of the company’s stock after acquiring an additional 5,519 shares during the quarter. Truist Financial Corp’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $20,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Assetmark Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1,328.7% during the 3rd quarter. Assetmark Inc. now owns 1,243 shares of the company’s stock valued at $173,000 after purchasing an additional 1,156 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,398 shares of the company’s stock valued at $335,000 after purchasing an additional 372 shares during the period. Droms Strauss Advisors Inc. MO ADV bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at $7,932,000. Strategic Financial Concepts LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at $2,437,000. Finally, Jane Street Group LLC raised its position in shares of 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 valued at $810,000 after purchasing an additional 3,343 shares during the period. 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 $139.86 on Thursday. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. The company’s fifty day moving average price is $138.93 and its 200-day moving average price is $139.03. iShares S&P Small-Cap 600 Growth ETF has a one year low of $121.20 and a one year high of $152.05.

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

The business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders 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.