Envestnet Asset Management Inc. Trims Stock Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Envestnet Asset Management Inc. decreased its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 2.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 304,255 shares of the company’s stock after selling 7,230 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.66% of iShares S&P Small-Cap 600 Growth ETF worth $39,075,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter worth approximately $27,000. Richardson Financial Services Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at $28,000. Montag A & Associates Inc. purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the first quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the second quarter worth about $31,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth about $33,000. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Up 2.4 %

NASDAQ:IJT opened at $140.36 on Friday. The stock has a market capitalization of $6.47 billion, a PE 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. The stock’s 50-day moving average price is $135.42 and its 200-day moving average price is $130.50.

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.