iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 12-Month Low – Here’s What Happened

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $117.68 and last traded at $118.00, with a volume of 166528 shares trading hands. The stock had previously closed at $126.48.

iShares S&P Small-Cap 600 Growth ETF Stock Down 4.1 %

The company has a market capitalization of $5.29 billion, a PE ratio of 19.20 and a beta of 1.13. The company has a 50-day moving average price of $131.53 and a two-hundred day moving average price of $137.40.

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

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a dividend of $0.2502 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Growth ETF

A number of large investors have recently modified their holdings of the company. Atala Financial Inc purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth approximately $27,000. Palouse Capital Management Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $31,000. CarsonAllaria Wealth Management Ltd. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 105.5% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock valued at $35,000 after buying an additional 134 shares during the period. Register Financial Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $43,000. Finally, Heck Capital Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $47,000. 55.81% of the stock is currently owned by institutional investors.

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.