iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Reaches New 1-Year High – Here’s Why

iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) hit a new 52-week high during trading on Monday . The stock traded as high as $150.14 and last traded at $150.14, with a volume of 1138 shares trading hands. The stock had previously closed at $148.34.

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

The firm’s 50 day moving average is $140.14 and its two-hundred day moving average is $135.01. The firm has a market capitalization of $6.97 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $0.5237 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares S&P Small-Cap 600 Growth ETF in the second quarter valued at $31,000. Cedar Mountain Advisors LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the 2nd quarter worth $33,000. Legacy Bridge LLC lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 73.5% during the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after buying an additional 100 shares during the period. Finally, HHM Wealth Advisors LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 2nd quarter valued at about $34,000. 55.81% of the stock is owned by institutional investors.

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.