Apollon Wealth Management LLC Acquires 620 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Apollon Wealth Management LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 2.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 24,738 shares of the company’s stock after purchasing an additional 620 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $3,451,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth about $31,000. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth about $33,000. HHM Wealth Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at approximately $34,000. Finally, Ashton Thomas Securities LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at approximately $36,000. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ:IJT opened at $147.15 on Wednesday. The company has a market cap of $6.88 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $106.00 and a 1 year high of $149.58. The stock’s 50 day simple moving average is $137.88 and its two-hundred day simple moving average is $133.91.

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

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.5237 dividend. The ex-dividend date was Wednesday, September 25th.

iShares S&P Small-Cap 600 Growth ETF 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.