Pathway Financial Advisors LLC Has $2.37 Million Stock Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Pathway Financial Advisors LLC lowered its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 1.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,981 shares of the company’s stock after selling 188 shares during the period. iShares S&P Small-Cap 600 Growth ETF makes up 0.6% of Pathway Financial Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Pathway Financial Advisors LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,369,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at $27,000. Richardson Financial Services Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at $28,000. Montag A & Associates Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at $31,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at $33,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

IJT stock opened at $137.33 on Wednesday. The company has a fifty day moving average price of $135.47 and a 200-day moving average price of $131.60. The company has a market capitalization of $6.41 billion, a P/E 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.

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

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a dividend of $0.5237 per share. The ex-dividend date was Wednesday, September 25th.

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.