Larson Financial Group LLC Cuts Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Larson Financial Group LLC lowered its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 76.8% during the third quarter, Holdings Channel.com reports. The fund owned 4,630 shares of the company’s stock after selling 15,317 shares during the quarter. Larson Financial Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $646,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IJT. Oppenheimer Asset Management Inc. acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth $25,596,000. Royal Fund Management LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at $24,955,000. Christopher J. Hasenberg Inc purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at about $22,611,000. Strategic Financial Concepts LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter worth about $110,000. Finally, LPL Financial LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% in the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after buying an additional 82,307 shares during the period. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

IJT stock opened at $150.65 on Tuesday. The firm has a market cap of $7.04 billion, a P/E ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $111.02 and a 1 year high of $152.05. The stock has a 50-day simple moving average of $139.85 and a 200-day simple moving average of $134.87.

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

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.5237 per share. The ex-dividend date was Wednesday, September 25th.

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.