Valmark Advisers Inc. Invests $222,000 in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Valmark Advisers Inc. purchased a new stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,777 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds also recently made changes to their positions in the company. Columbia Trust Co 01012016 lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 105.9% during the 4th quarter. Columbia Trust Co 01012016 now owns 4,955 shares of the company’s stock valued at $620,000 after acquiring an additional 2,548 shares during the last quarter. Beaumont Financial Advisors LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 1.1% during the fourth quarter. Beaumont Financial Advisors LLC now owns 189,444 shares of the company’s stock valued at $23,707,000 after purchasing an additional 2,122 shares during the last quarter. Beaumont Asset Management L.L.C. boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 225.1% in the 4th quarter. Beaumont Asset Management L.L.C. now owns 11,373 shares of the company’s stock valued at $1,423,000 after purchasing an additional 7,875 shares during the period. BKM Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $2,854,000. Finally, Becker Capital Management Inc. increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 51.7% in the third quarter. Becker Capital Management Inc. now owns 19,345 shares of the company’s stock worth $2,129,000 after acquiring an additional 6,596 shares in the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.7 %

Shares of NASDAQ:IJT opened at $127.01 on Tuesday. The company’s fifty day moving average is $126.55 and its two-hundred day moving average is $120.33. The company has a market cap of $5.72 billion, a P/E ratio of 13.92 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $102.64 and a 12-month high of $131.48.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were issued a dividend of $0.2191 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.69%.

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.