Summit Financial Strategies Inc. Has $263,000 Holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Summit Financial Strategies Inc. cut its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,941 shares of the company’s stock after selling 97 shares during the period. Summit Financial Strategies Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Bridge LLC increased its stake in iShares S&P Small-Cap 600 Growth ETF by 73.5% during the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock worth $33,000 after acquiring an additional 100 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth $36,000. Darwin Wealth Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the third quarter worth $39,000. Register Financial Advisors LLC acquired a new position in iShares S&P Small-Cap 600 Growth ETF in the fourth quarter valued at about $43,000. Finally, Oakworth Capital Inc. lifted its position in iShares S&P Small-Cap 600 Growth ETF by 306.8% during the third quarter. Oakworth Capital Inc. now owns 358 shares of the company’s stock worth $50,000 after purchasing an additional 270 shares during the period. 55.81% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Growth ETF Stock Down 0.4 %

IJT stock opened at $140.83 on Monday. The company’s 50-day moving average price is $141.51 and its two-hundred day moving average price is $138.72. The firm has a market cap of $6.70 billion, a P/E ratio of 14.69 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $120.45 and a 12 month high of $152.05.

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

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

About iShares S&P Small-Cap 600 Growth ETF

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.