iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT - Get Rating) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 74,400 shares, a growth of 116.3% from the April 15th total of 34,400 shares. Based on an average trading volume of 129,300 shares, the days-to-cover ratio is presently 0.6 days.
Shares of NASDAQ:IJT traded up $1.68 during midday trading on Friday, reaching $109.39. The company had a trading volume of 130 shares, compared to its average volume of 151,691. The company's 50 day moving average price is $120.48 and its 200 day moving average price is $128.13. iShares S&P Small-Cap 600 Growth ETF has a 52-week low of $105.27 and a 52-week high of $144.69.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 30th. Investors of record on Friday, March 25th were paid a $0.221 dividend. This is a boost from iShares S&P Small-Cap 600 Growth ETF's previous quarterly dividend of $0.21. This represents a $0.88 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date was Thursday, March 24th.
A number of institutional investors have recently made changes to their positions in IJT. BerganKDV Wealth Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at approximately $26,000. EPG Wealth Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 3rd quarter worth about $25,000. Concord Wealth Partners purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $28,000. Andrew Hill Investment Advisors Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter worth about $31,000. Finally, MV Capital Management Inc. raised its position in iShares S&P Small-Cap 600 Growth ETF by 169.1% in the 1st quarter. MV Capital Management Inc. now owns 253 shares of the company's stock worth $32,000 after buying an additional 159 shares during the last quarter.
About iShares S&P Small-Cap 600 Growth ETF (Get Rating)
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.
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