iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Sets New 12-Month Low – Should You Sell?

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $117.68 and last traded at $118.00, with a volume of 166528 shares trading hands. The stock had previously closed at $126.48.

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

The stock has a market cap of $5.51 billion, a price-to-earnings ratio of 19.20 and a beta of 1.13. The business’s 50 day moving average is $132.55 and its 200-day moving average is $137.69.

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

The firm also recently announced a dividend, which was paid on Friday, March 21st. Stockholders of record on Tuesday, March 18th were given a $0.2502 dividend. The ex-dividend date was Tuesday, March 18th.

Institutional Trading of iShares S&P Small-Cap 600 Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atala Financial Inc acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at about $27,000. Palouse Capital Management Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 105.5% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock valued at $35,000 after purchasing an additional 134 shares during the last quarter. Register Financial Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter worth about $43,000. Finally, Heck Capital Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at about $47,000. 55.81% of the stock is owned by institutional investors and hedge funds.

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.