Foundations Investment Advisors LLC Cuts Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Foundations Investment Advisors LLC lowered its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 80.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,316 shares of the company’s stock after selling 9,653 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $314,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Kingswood Wealth Advisors LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $201,000. Register Financial Advisors LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $43,000. Guerra Pan Advisors LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 31.2% in the 4th quarter. Guerra Pan Advisors LLC now owns 7,163 shares of the company’s stock valued at $970,000 after buying an additional 1,705 shares in the last quarter. RTD Financial Advisors Inc. grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.6% in the 4th quarter. RTD Financial Advisors Inc. now owns 102,982 shares of the company’s stock worth $13,941,000 after buying an additional 1,653 shares during the last quarter. Finally, Insight Inv LLC raised its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 126.1% during the 4th quarter. Insight Inv LLC now owns 963 shares of the company’s stock worth $130,000 after acquiring an additional 537 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.7 %

Shares of IJT opened at $140.63 on Friday. The company has a 50 day moving average of $141.10 and a two-hundred day moving average of $138.88. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $120.45 and a twelve month high of $152.05. The company has a market cap of $6.69 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.