Bestgate Wealth Advisors LLC Acquires New Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Bestgate Wealth Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,720 shares of the company’s stock, valued at approximately $504,000. iShares S&P Small-Cap 600 Growth ETF makes up approximately 1.0% of Bestgate Wealth Advisors LLC’s portfolio, making the stock its 24th largest position.

Several other hedge funds also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its stake in iShares S&P Small-Cap 600 Growth ETF by 35.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 12,728 shares of the company’s stock valued at $1,786,000 after acquiring an additional 3,324 shares in the last quarter. Taylor Financial Group Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 5.3% in the 4th quarter. Taylor Financial Group Inc. now owns 15,746 shares of the company’s stock worth $2,132,000 after buying an additional 799 shares in the last quarter. Cozad Asset Management Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth approximately $216,000. GWN Securities Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth approximately $286,000. Finally, one8zero8 LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth approximately $112,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

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

IJT stock opened at $123.87 on Wednesday. iShares S&P Small-Cap 600 Growth ETF has a one year low of $120.32 and a one year high of $152.05. The stock has a market cap of $5.88 billion, a PE ratio of 19.15 and a beta of 1.13. The firm has a 50 day simple moving average of $135.21 and a two-hundred day simple moving average of $138.28.

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

The business also recently declared a dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th will be paid a $0.2502 dividend. The ex-dividend date is Tuesday, March 18th.

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.