The iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT – Get Rating) experienced a significant increase in short selling in December. As of December 15, there were 144,700 shares short-sold, up 5.0% from the November 30 total of 137,800 shares. Based on an average daily trading volume of 192,800 shares, the days coverage ratio is currently 0.8 days.
iShares S&P Small-Cap 600 Growth ETF Stock Gains 1.1%
Shares of the iShares S&P Small-Cap 600 Growth ETF opened Wednesday at $108.76. The company has a 50-day simple moving average of $111.46 and a 200-day simple moving average of $110.68. The iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $100.13 and a 12-month high of $140.97.
iShares S&P Small-Cap 600 Growth ETF Increases Dividend
The company recently announced a quarterly dividend, which was paid out on Monday, December 19th. A dividend of $0.371 was issued to shareholders of record on Wednesday, December 14th. This represents his $1.48 dividend and his 1.36% dividend yield on an annual 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.
Hedge Fund Joins iShares S&P Small-Cap 600 Growth ETF
Many institutional investors have recently changed their stakes in businesses. IHT Wealth Management LLC increased his stake in the iShares S&P Small-Cap 600 Growth ETF by 97.3% in the third quarter. After acquiring an additional 5,360 shares during this period, IHT Wealth Management LLC now owns 10,867 shares of the company stock valued at $1,105,000. B. Riley Wealth Advisors Inc. increased his stake in the iShares S&P Small-Cap 600 Growth ETF by 35.3% in the third quarter. B. Riley Wealth Advisors Inc. owns 7,214 shares of the company worth $734,000 after purchasing an additional 1,884 shares during this period. Sunbelt Securities Inc. increased its stake in the iShares S&P Small-Cap 600 Growth ETF by 5.2% in the third quarter. Sunbelt Securities Inc. now owns 33,918 shares worth $3,448,000 after purchasing an additional 1,677 shares during this period. M&T Bank Corp increased its stake in the iShares S&P Small-Cap 600 Growth ETF by 92.7% in the third quarter. M&T Bank Corp now owns 1,320,820 shares of the company worth $134.29 million after purchasing an additional 635,350 shares during this period. Finally, Captrust Financial Advisors increased its stake in the iShares S&P Small-Cap 600 Growth ETF by 54.2% in the third quarter. Captrust Financial Advisors now owns 132,002 shares of the company, valued at $13,421,000, after purchasing an additional 46,405 shares during this period.
About the iShares S&P Small-Cap 600 Growth ETF
(get rating)
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.
Related item
This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.
Listen to this before you consider the iShares S&P Small-Cap 600 Growth ETF.
MarketBeat tracks Wall Street’s most acclaimed and top performing research analysts and the stocks they recommend to clients every day. MarketBeat has identified 5 stocks top analysts are quietly whispering to clients to buy now before the broader market catches…and iShares S&P Small-Cap 600 Growth ETF was not on the list.
The iShares S&P Small-Cap 600 Growth ETF currently has a ‘hold’ rating among analysts, but top-rated analysts believe these five stocks are better buys.
See 5 stocks here
