Bestgate Wealth Advisors LLC Takes $504,000 Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Bestgate Wealth Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,720 shares of the company’s stock, valued at approximately $504,000. iShares S&P Small-Cap 600 Growth ETF accounts for approximately 1.0% of Bestgate Wealth Advisors LLC’s portfolio, making the stock its 24th largest holding.

Other institutional investors also recently made changes to their positions in the company. Atala Financial Inc bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at $27,000. Palouse Capital Management Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at $31,000. Legacy Bridge LLC raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 73.5% during the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock valued at $33,000 after buying an additional 100 shares during the last quarter. CarsonAllaria Wealth Management Ltd. raised its holdings in iShares S&P Small-Cap 600 Growth ETF by 105.5% during the 4th 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 last quarter. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 1.3 %

NASDAQ:IJT opened at $123.87 on Wednesday. The company has a fifty day moving average of $135.21 and a 200 day moving average of $138.28. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $120.32 and a 52 week high of $152.05. The firm has a market capitalization of $5.88 billion, a P/E ratio of 19.15 and a beta of 1.13.

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

The company also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be issued a dividend of $0.2502 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

iShares S&P Small-Cap 600 Growth ETF Profile

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.