Goodwin Investment Advisory Trims Position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Goodwin Investment Advisory lowered its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 22.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,429 shares of the company’s stock after selling 1,019 shares during the period. iShares S&P Small-Cap 600 Growth ETF accounts for 0.2% of Goodwin Investment Advisory’s investment portfolio, making the stock its 25th biggest position. Goodwin Investment Advisory’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $429,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Telos Capital Management Inc. raised its stake in iShares S&P Small-Cap 600 Growth ETF by 3.9% during the fourth quarter. Telos Capital Management Inc. now owns 22,249 shares of the company’s stock worth $2,784,000 after purchasing an additional 843 shares during the period. Tyche Wealth Partners LLC purchased a new stake in iShares S&P Small-Cap 600 Growth ETF during the fourth quarter valued at about $443,000. Grove Bank & Trust grew its position in iShares S&P Small-Cap 600 Growth ETF by 7.7% during the fourth quarter. Grove Bank & Trust now owns 4,811 shares of the company’s stock valued at $602,000 after acquiring an additional 342 shares during the period. MV Capital Management Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 20.3% during the fourth quarter. MV Capital Management Inc. now owns 1,435 shares of the company’s stock worth $180,000 after acquiring an additional 242 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 4th quarter. Cerity Partners LLC now owns 240,006 shares of the company’s stock worth $30,035,000 after purchasing an additional 12,422 shares during the period. 55.81% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Performance

Shares of NASDAQ:IJT traded down $1.26 during trading on Wednesday, reaching $121.84. 102,647 shares of the stock were exchanged, compared to its average volume of 115,152. The firm’s 50-day moving average price is $126.72 and its 200 day moving average price is $119.33. The firm has a market cap of $5.51 billion, a price-to-earnings ratio of 13.33 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $102.64 and a 12-month high of $131.48.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were given a dividend of $0.2191 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.88 dividend on an annualized basis and a yield of 0.72%.

iShares S&P Small-Cap 600 Growth ETF Company 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.