Cassaday & Co Wealth Management LLC Increases Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Cassaday & Co Wealth Management LLC boosted its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 63,219 shares of the company’s stock after acquiring an additional 2,005 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises about 0.2% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 27th largest position. Cassaday & Co Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $8,558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 7.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 45,973 shares of the company’s stock valued at $6,223,000 after acquiring an additional 3,174 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth about $1,577,000. Bfsg LLC increased its position in iShares S&P Small-Cap 600 Growth ETF by 10.7% during the 4th quarter. Bfsg LLC now owns 22,861 shares of the company’s stock worth $3,095,000 after purchasing an additional 2,216 shares in the last quarter. Kestra Investment Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at approximately $50,000. Finally, Atria Wealth Solutions Inc. raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 22.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 82,315 shares of the company’s stock valued at $11,143,000 after buying an additional 14,997 shares during the period. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 1.4 %

IJT opened at $137.91 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $121.20 and a 52-week high of $152.05. The company has a 50 day moving average of $138.79 and a two-hundred day moving average of $139.03. The company has a market cap of $6.55 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 firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.3508 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.