Summit Trail Advisors LLC Takes Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Summit Trail Advisors LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Rating) during the 4th quarter, Holdings Channel.com reports. The firm acquired 40,000 shares of the company’s stock, valued at approximately $5,552,000.

A number of other institutional investors have also added to or reduced their stakes in IJT. Morgan Stanley grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 20.5% during the third quarter. Morgan Stanley now owns 3,619,929 shares of the company’s stock valued at $470,735,000 after purchasing an additional 615,013 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at about $10,958,000. JPMorgan Chase & Co. boosted its stake in iShares S&P Small-Cap 600 Growth ETF by 36.5% during the 4th quarter. JPMorgan Chase & Co. now owns 246,735 shares of the company’s stock valued at $34,247,000 after purchasing an additional 66,024 shares during the period. UBS Group AG grew its position in iShares S&P Small-Cap 600 Growth ETF by 6.4% in the 3rd quarter. UBS Group AG now owns 997,565 shares of the company’s stock worth $129,722,000 after purchasing an additional 60,105 shares during the last quarter. Finally, BOKF NA acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $5,171,000.

IJT traded up $1.13 during trading hours on Thursday, hitting $109.73. The company’s stock had a trading volume of 7,206 shares, compared to its average volume of 154,914. The company has a 50-day simple moving average of $119.61 and a 200 day simple moving average of $127.56. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $105.27 and a fifty-two week high of $144.69.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 30th. Stockholders of record on Friday, March 25th were issued a dividend of $0.221 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Thursday, March 24th.

iShares S&P Small-Cap 600 Growth ETF Profile (Get Rating)

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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