Clark Capital Management Group Inc. acquired a new position in iShares Trust (BATS:FLOT) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 214,807 shares of the company’s stock, valued at approximately $10,916,000.
Several other institutional investors have also added to or reduced their stakes in the stock. KCS Wealth Advisory purchased a new position in iShares Trust in the 4th quarter valued at about $323,000. Bartlett & Co. LLC lifted its holdings in iShares Trust by 37.5% in the 4th quarter. Bartlett & Co. LLC now owns 99,835 shares of the company’s stock valued at $5,074,000 after purchasing an additional 27,215 shares in the last quarter. SSI Investment Management Inc. lifted its holdings in iShares Trust by 10.6% in the 4th quarter. SSI Investment Management Inc. now owns 149,296 shares of the company’s stock valued at $7,586,000 after purchasing an additional 14,302 shares in the last quarter. Grimes & Company Inc. purchased a new position in iShares Trust in the 4th quarter valued at about $52,983,000. Finally, Advisory Services Network LLC lifted its holdings in iShares Trust by 2.4% in the 4th quarter. Advisory Services Network LLC now owns 124,726 shares of the company’s stock valued at $6,339,000 after purchasing an additional 2,971 shares in the last quarter.
iShares Trust (BATS FLOT) opened at $50.90 on Friday. iShares Trust has a 1-year low of $50.76 and a 1-year high of $51.10.
The company also recently announced a monthly dividend, which was paid on Wednesday, March 7th. Shareholders of record on Friday, March 2nd were issued a $0.0751 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.77%. This is a positive change from iShares Trust’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Thursday, March 1st.
ILLEGAL ACTIVITY WARNING: “214,807 Shares in iShares Trust (FLOT) Acquired by Clark Capital Management Group Inc.” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://ledgergazette.com/2018/03/16/214807-shares-in-ishares-trust-flot-acquired-by-clark-capital-management-group-inc-2.html.
Want to see what other hedge funds are holding FLOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Trust (BATS:FLOT).
Receive News & Ratings for iShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.