Financial Consulate Inc. Decreases Stock Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Financial Consulate Inc. trimmed its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 8.5% during the fourth quarter, HoldingsChannel reports. The firm owned 4,341 shares of the company’s stock after selling 403 shares during the period. iShares S&P Small-Cap 600 Growth ETF comprises about 0.2% of Financial Consulate Inc.’s investment portfolio, making the stock its 27th biggest holding. Financial Consulate Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of the business. Assetmark Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1,328.7% during the 3rd quarter. Assetmark Inc. now owns 1,243 shares of the company’s stock valued at $173,000 after buying an additional 1,156 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 18.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,398 shares of the company’s stock valued at $335,000 after buying an additional 372 shares during the period. Droms Strauss Advisors Inc. MO ADV purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at approximately $7,932,000. Strategic Financial Concepts LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 4th quarter valued at approximately $2,437,000. Finally, Jane Street Group LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 135.6% during the 3rd quarter. Jane Street Group LLC now owns 5,809 shares of the company’s stock valued at $810,000 after buying an additional 3,343 shares during the period. 55.81% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Growth ETF Stock Up 0.6 %

Shares of NASDAQ IJT opened at $140.24 on Wednesday. The firm has a market cap of $6.66 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $121.20 and a 52-week high of $152.05. The business’s 50 day moving average is $139.18 and its two-hundred day moving average is $138.97.

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

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.