Peregrine Asset Advisers Inc. Trims Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Peregrine Asset Advisers Inc. trimmed its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 8,685 shares of the company’s stock after selling 118 shares during the period. Peregrine Asset Advisers Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its stake 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 purchasing an additional 377,150 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $25,596,000. Heartwood Wealth Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at approximately $21,137,000. Strategic Financial Concepts LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth approximately $110,000. Finally, Cetera Investment Advisers grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 120.2% during the 1st quarter. Cetera Investment Advisers now owns 142,905 shares of the company’s stock valued at $18,682,000 after buying an additional 77,996 shares in the last quarter. 55.81% of the stock is owned by institutional investors.

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

IJT stock opened at $135.85 on Tuesday. The company has a market capitalization of $6.26 billion, a PE ratio of 14.69 and a beta of 1.13. The company’s fifty day moving average price is $134.74 and its 200-day moving average price is $130.26. iShares S&P Small-Cap 600 Growth ETF has a one year low of $102.64 and a one year high of $143.97.

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.