Kendall Capital Management Makes New $497,000 Investment in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Kendall Capital Management bought a new position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the second quarter, Holdings Channel.com reports. The institutional investor bought 3,870 shares of the company’s stock, valued at approximately $497,000.

A number of other institutional investors have also bought and sold shares of the business. Wells Fargo & Company MN lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 0.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,205,001 shares of the company’s stock worth $150,794,000 after purchasing an additional 4,188 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 1.6% during the 2nd quarter. LPL Financial LLC now owns 781,445 shares of the company’s stock valued at $100,361,000 after buying an additional 12,110 shares during the period. Goldman Sachs Group Inc. raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 464.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 458,329 shares of the company’s stock valued at $57,355,000 after buying an additional 377,150 shares during the period. Commonwealth Equity Services LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 378,067 shares of the company’s stock valued at $48,555,000 after buying an additional 11,119 shares during the period. Finally, One Capital Management LLC raised its position in shares of iShares S&P Small-Cap 600 Growth ETF by 0.4% during the 2nd quarter. One Capital Management LLC now owns 326,869 shares of the company’s stock valued at $41,980,000 after buying an additional 1,291 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 Performance

IJT stock opened at $140.36 on Friday. The firm has a market cap of $6.47 billion, a PE ratio of 14.69 and a beta of 1.13. The firm’s 50 day moving average price is $135.42 and its 200-day moving average price is $130.50. iShares S&P Small-Cap 600 Growth ETF has a one year low of $102.64 and a one year high of $143.97.

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.