iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Short Interest Update

by · The Markets Daily

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 51,150 shares, a decline of 55.3% from the August 31st total of 114,541 shares. Based on an average trading volume of 235,146 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

A number of institutional investors have recently bought and sold shares of IJT. Ashton Thomas Securities LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter valued at about $37,000. Motiv8 Investments LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $41,000. Highland Investment Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at approximately $59,000. CoreCap Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 29.6% in the second quarter. CoreCap Advisors LLC now owns 337 shares of the company’s stock valued at $60,000 after purchasing an additional 77 shares in the last quarter. Finally, Angeles Wealth Management LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 70.0% in the first quarter. Angeles Wealth Management LLC now owns 340 shares of the company’s stock valued at $49,000 after purchasing an additional 140 shares in 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 Price Performance

Shares of IJT traded down $0.44 during midday trading on Tuesday, reaching $161.34. The stock had a trading volume of 105,146 shares, compared to its average volume of 157,764. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $132.98 and a 1-year high of $179.68. The company’s fifty day simple moving average is $170.60 and its two-hundred day simple moving average is $164.47. The company has a market cap of $7.68 billion, a price-to-earnings ratio of 20.21 and a beta of 1.04.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 0.9%. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date of this dividend was Tuesday, September 15th.

About iShares S&P Small-Cap 600 Growth ETF

(Get Free Report)

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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