HighTower Advisors LLC Buys 23,640 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

HighTower Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 7.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 353,361 shares of the company’s stock after acquiring an additional 23,640 shares during the period. HighTower Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $47,835,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IJT. Raymond James Financial Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter worth $52,544,000. Matauro LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $13,674,000. LPL Financial LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% in the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock worth $120,485,000 after purchasing an additional 82,307 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth $7,932,000. Finally, Beaumont Financial Advisors LLC grew its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 25.3% in the fourth quarter. Beaumont Financial Advisors LLC now owns 239,852 shares of the company’s stock worth $32,469,000 after purchasing an additional 48,416 shares during the last quarter. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 1.8 %

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $121.00 on Friday. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $120.32 and a twelve month high of $152.05. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 19.15 and a beta of 1.13. The company’s fifty day moving average is $136.24 and its 200 day moving average is $138.69.

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

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