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

Connecticut Wealth Management LLC trimmed its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 43.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 17,681 shares of the company’s stock after selling 13,475 shares during the quarter. Connecticut Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,213,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IJT. Stephens Consulting LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 94.0% during the 4th quarter. Stephens Consulting LLC now owns 260 shares of the company’s stock valued at $33,000 after acquiring an additional 126 shares during the last quarter. First Command Advisory Services Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $30,000. Assetmark Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 196.0% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock valued at $41,000 after acquiring an additional 245 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at about $49,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 532.8% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 424 shares of the company’s stock valued at $46,000 after acquiring an additional 357 shares during the last quarter. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.8 %

Shares of NASDAQ IJT traded up $1.04 during trading on Friday, reaching $127.76. 66,277 shares of the company traded hands, compared to its average volume of 114,583. The firm has a 50 day simple moving average of $126.60 and a 200-day simple moving average of $120.66. The stock has a market capitalization of $5.75 billion, a PE ratio of 13.92 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $102.64 and a 52-week high of $131.48.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.2191 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Thursday, March 21st.

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.