Pinnacle Financial Partners Inc Boosts Stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Pinnacle Financial Partners Inc boosted its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 7.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 116,881 shares of the company’s stock after buying an additional 7,928 shares during the period. Pinnacle Financial Partners Inc owned 0.25% of iShares S&P Small-Cap 600 Growth ETF worth $15,874,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IJT. Matauro LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth $13,674,000. LPL Financial LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 10.5% during the third quarter. LPL Financial LLC now owns 863,752 shares of the company’s stock valued at $120,485,000 after purchasing an additional 82,307 shares in the last quarter. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $8,887,000. Droms Strauss Advisors Inc. MO ADV purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $7,932,000. Finally, Beaumont Financial Advisors LLC grew its position in shares of iShares S&P Small-Cap 600 Growth ETF by 25.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 239,852 shares of the company’s stock valued at $32,469,000 after purchasing an additional 48,416 shares in the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 3.3 %

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $133.38 on Friday. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 14.69 and a beta of 1.13. The business has a 50-day moving average price of $138.58 and a 200-day moving average price of $139.06. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $121.20 and a twelve month high of $152.05.

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

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.3508 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.