Financial Management Network Inc. Sells 529 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Financial Management Network Inc. cut its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,888 shares of the company’s stock after selling 529 shares during the quarter. Financial Management Network Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $946,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Palouse Capital Management Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at about $31,000. Legacy Bridge LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 73.5% during the third quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after purchasing an additional 100 shares during the last quarter. CarsonAllaria Wealth Management Ltd. boosted its holdings 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 valued at $35,000 after acquiring an additional 134 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $36,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.6 %

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $140.24 on Wednesday. The stock has a fifty day simple moving average of $139.18 and a 200 day simple moving average of $138.97. iShares S&P Small-Cap 600 Growth ETF has a 12-month low of $121.20 and a 12-month high of $152.05. The company has a market capitalization of $6.66 billion, a P/E ratio of 14.69 and a beta of 1.13.

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

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.