iShares S&P Small-Cap 600 Growth ETF $IJT Stock Sold by First Merchants Corp

First Merchants Corp decreased its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 59.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 11,906 shares of the company’s stock after selling 17,497 shares during the period. First Merchants Corp’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,909,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in iShares S&P Small-Cap 600 Growth ETF by 1.0% during the first quarter. Bank of America Corp DE now owns 2,046,459 shares of the company’s stock worth $296,143,000 after acquiring an additional 19,746 shares in the last quarter. Royal Bank of Canada grew its stake in iShares S&P Small-Cap 600 Growth ETF by 4.0% in the first quarter. Royal Bank of Canada now owns 339,450 shares of the company’s stock valued at $49,121,000 after acquiring an additional 13,190 shares during the period. Beaumont Financial Advisors LLC grew its stake in iShares S&P Small-Cap 600 Growth ETF by 1.2% in the first quarter. Beaumont Financial Advisors LLC now owns 249,133 shares of the company’s stock valued at $36,052,000 after acquiring an additional 3,035 shares during the period. Cetera Investment Advisers grew its stake in iShares S&P Small-Cap 600 Growth ETF by 18.2% in the first quarter. Cetera Investment Advisers now owns 203,028 shares of the company’s stock valued at $29,380,000 after acquiring an additional 31,251 shares during the period. Finally, Falcon Wealth Planning increased its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 6.2% in the first quarter. Falcon Wealth Planning now owns 178,532 shares of the company’s stock worth $25,835,000 after acquiring an additional 10,478 shares in the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

Shares of iShares S&P Small-Cap 600 Growth ETF stock opened at $161.01 on Friday. The company has a market capitalization of $7.55 billion, a P/E ratio of 20.21 and a beta of 1.05. The business has a 50-day moving average of $167.75 and a two-hundred day moving average of $166.03. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $132.98 and a 1 year high of $179.68.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.36 per share. This is a boost from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. The ex-dividend date was Tuesday, September 15th. This represents a $1.44 annualized dividend and a dividend yield of 0.9%.

iShares S&P Small-Cap 600 Growth ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.