Charles Schwab Investment Management Inc. Sells 783 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Charles Schwab Investment Management Inc. cut its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,498 shares of the company’s stock after selling 783 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,557,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Palouse Capital Management Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at about $31,000. CarsonAllaria Wealth Management Ltd. lifted its stake 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 bought a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth about $43,000. Heck Capital Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $47,000. Finally, Kestra Investment Management LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth approximately $50,000. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Down 2.0 %

IJT opened at $123.48 on Friday. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $120.32 and a 12-month high of $152.05. The business has a 50 day moving average of $133.49 and a 200-day moving average of $137.86. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 19.20 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, March 21st. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.2502 per share. The ex-dividend date was Tuesday, March 18th.

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.