Paragon Advisors LLC Acquires Shares of 3,208 iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Paragon Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, HoldingsChannel reports. The fund bought 3,208 shares of the company’s stock, valued at approximately $434,000.

A number of other institutional investors have also modified their holdings of the business. LPL Financial LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% in the 3rd quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock valued at $120,485,000 after purchasing an additional 82,307 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 5.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 463,739 shares of the company’s stock worth $59,563,000 after purchasing an additional 22,291 shares during the period. Commonwealth Equity Services LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 6.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 403,693 shares of the company’s stock valued at $56,311,000 after buying an additional 25,626 shares during the last quarter. HighTower Advisors LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 5.6% in the 3rd quarter. HighTower Advisors LLC now owns 329,721 shares of the company’s stock valued at $46,024,000 after buying an additional 17,439 shares during the period. Finally, One Capital Management LLC raised its position in iShares S&P Small-Cap 600 Growth ETF by 0.4% during the 2nd quarter. One Capital Management LLC now owns 326,869 shares of the company’s stock worth $41,980,000 after buying an additional 1,291 shares during the last quarter. 55.81% of the stock is owned by institutional investors and hedge funds.

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

IJT stock opened at $133.99 on Monday. The stock has a market capitalization of $6.39 billion, a PE ratio of 14.69 and a beta of 1.13. The company has a fifty day moving average of $142.52 and a 200-day moving average of $137.85. iShares S&P Small-Cap 600 Growth ETF has a one year low of $118.72 and a one year high of $152.05.

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

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date was Tuesday, December 17th.

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.