PNC Financial Services Group Inc. Raises Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

PNC Financial Services Group Inc. boosted its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 0.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,023,028 shares of the company’s stock after acquiring an additional 3,228 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $138,487,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Palouse Capital Management Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at approximately $31,000. Legacy Bridge LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 73.5% in the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $36,000. CarsonAllaria Wealth Management Ltd. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 105.5% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock valued at $35,000 after purchasing an additional 134 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $39,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

Shares of IJT stock opened at $126.98 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 business’s fifty day moving average is $136.96 and its 200 day moving average is $138.97. The company has a market capitalization of $5.99 billion, a PE ratio of 19.15 and a beta of 1.14.

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

The firm also recently declared 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 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.