Summit Financial Strategies Inc. Sells 97 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Summit Financial Strategies Inc. reduced its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 4.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,941 shares of the company’s stock after selling 97 shares during the period. Summit Financial Strategies Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $263,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Legacy Bridge LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 73.5% in the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock valued at $33,000 after acquiring an additional 100 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth approximately $36,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter valued at approximately $39,000. Register Financial Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at $43,000. Finally, Oakworth Capital Inc. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 306.8% during the third quarter. Oakworth Capital Inc. now owns 358 shares of the company’s stock worth $50,000 after buying an additional 270 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

Shares of IJT stock opened at $140.83 on Monday. The company has a fifty day moving average price of $141.51 and a two-hundred day moving average price of $138.72. iShares S&P Small-Cap 600 Growth ETF has a one year low of $120.45 and a one year high of $152.05. The stock has a market cap of $6.70 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.3508 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares S&P Small-Cap 600 Growth ETF Company 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.