Spirepoint Private Client LLC Invests $305,000 in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Spirepoint Private Client LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,336 shares of the company’s stock, valued at approximately $305,000.

Several other institutional investors have also added to or reduced their stakes in IJT. Goldman Sachs Group Inc. lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 464.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 458,329 shares of the company’s stock worth $57,355,000 after acquiring an additional 377,150 shares during the last quarter. Heartwood Wealth Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at approximately $21,137,000. Polianta Ltd bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter worth $7,085,000. Quotient Wealth Partners LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth $4,757,000. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth $3,911,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ IJT traded down $0.74 during mid-day trading on Friday, hitting $136.01. 69,100 shares of the stock traded hands, compared to its average volume of 109,329. The company has a market cap of $6.21 billion, a PE ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $102.64 and a twelve month high of $141.93. The firm has a 50 day simple moving average of $129.99 and a two-hundred day simple moving average of $127.00.

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

The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a $0.3455 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.38 annualized dividend and a yield of 1.02%.

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.