iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Hits New 52-Week Low – Here’s Why

by · The Cerbat Gem

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $107.38 and last traded at $108.18, with a volume of 100425 shares changing hands. The stock had previously closed at $108.87.

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

The company’s 50-day moving average price is $127.81 and its 200-day moving average price is $136.20. The company has a market cap of $5.40 billion, a P/E ratio of 17.47 and a beta of 1.08.

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

The company also recently announced a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.2502 per share. The ex-dividend date of this dividend was Tuesday, March 18th.

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

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

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.

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