Envestnet Portfolio Solutions Inc. Sells 1,548 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Envestnet Portfolio Solutions Inc. cut its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 7.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,669 shares of the company’s stock after selling 1,548 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Atala Financial Inc bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at approximately $27,000. Palouse Capital Management Inc. acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter worth about $31,000. CarsonAllaria Wealth Management Ltd. raised its position in iShares S&P Small-Cap 600 Growth ETF by 105.5% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 261 shares of the company’s stock worth $35,000 after purchasing an additional 134 shares in the last quarter. Darwin Wealth Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter worth about $39,000. Finally, Register Financial Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at approximately $43,000. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Trading Up 1.9 %

Shares of IJT opened at $126.28 on Thursday. The stock has a market cap of $6.00 billion, a PE ratio of 19.15 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $120.32 and a 1 year high of $152.05. The stock has a 50 day simple moving average of $135.00 and a 200-day simple moving average of $138.20.

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

The business also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.2502 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

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.