SPC Financial Inc. Cuts Stock Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

SPC Financial Inc. reduced its holdings in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.5% in the third quarter, Holdings Channel reports. The institutional investor owned 193,020 shares of the company’s stock after selling 7,000 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up 2.4% of SPC Financial Inc.’s investment portfolio, making the stock its 8th largest holding. SPC Financial Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $26,924,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at approximately $27,000. Montag A & Associates Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the first quarter worth about $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth approximately $31,000. Cedar Mountain Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter valued at $33,000. Finally, Pacifica Partners Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $34,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 1.2 %

Shares of IJT stock opened at $141.34 on Thursday. The stock has a fifty day moving average of $135.92 and a 200 day moving average of $131.92. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 52 week low of $102.64 and a 52 week high of $143.97.

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

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 25th were issued a $0.5237 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

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.