The iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Rating) experienced a significant drop in short interest rates in December. As of Dec. 30, there were a total of 115,200 shares shorted, down 20.4% from the Dec. 15 total of 144,700 shares. Based on an average daily trading volume of 218,100 shares, the current short-term interest rate is 0.5 days.
Hedge Fund Joins iShares S&P Small-Cap 600 Growth ETF
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Several hedge funds and other institutional investors have recently increased or decreased their stakes in IJT. Inspirion Wealth Advisors LLC acquired new shares in the iShares S&P Small-Cap 600 Growth ETF, valued at approximately $591,000, in the second quarter. Advisory Services Network LLC increased its equity position in the iShares S&P Small-Cap 600 Growth ETF by 23.6% in the second quarter. Advisory Services Network LLC now owns 8,262 of his shares worth $870,000 after purchasing an additional 1,578 of his shares last quarter. Mutual Advisors LLC increased its iShares S&P Small-Cap 600 Growth ETF position by 7.9% in the second quarter. Mutual Advisors LLC now owns 6,600 shares worth $695,000 after purchasing an additional 483 shares last quarter. CWM LLC increased its iShares S&P Small-Cap 600 Growth ETF position by 2.8% in the third quarter. CWM LLC now owns 5,917 shares worth $602,000 after purchasing an additional 159 shares in the previous quarter. Finally, Chilton Capital Management LLC acquired new shares worth approximately $84,000 in the iShares S&P Small-Cap 600 Growth ETF in the second quarter.
iShares S&P Small-Cap 600 Growth ETF Price Performance
The NASDAQ IJT rose $1.55 to reach $112.83 in intraday trading on Friday. 242,002 shares of stock were exchanged, with an average turnover of 215,831 shares. His 50-day moving average for this business is $111.85 and his 200-day moving average is $111.12. The iShares S&P Small-Cap 600 Growth ETF hit a one-year low of $100.13 and a one-year high of $129.76.
iShares S&P Small-Cap 600 Growth ETF Increases Dividend
The company recently announced its quarterly dividend, which was paid on Monday, December 19th. A dividend of $0.371 per share was issued to shareholders of record on Wednesday, December 14. This represents his $1.48 dividend and his 1.32% yield on an annualized basis. This is up from the iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, December 13.
About the iShares S&P Small-Cap 600 Growth ETF
The iShares S&P SmallCap 600 Growth ETF, formerly iShares S&P SmallCap 600 Growth Index Fund (the Fund) seeks investment results that generally correspond to the price and yield performance of the S&P SmallCap 600 Growth Index (the Index). increase. The index measures the performance of the small-cap growth sector of the U.S. equity market and is composed of stocks with the strongest growth characteristics in the S&P SmallCap 600 Index.
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