iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 12.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,417 shares of the company’s stock after selling 497 shares during the quarter. Merit Financial Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $463,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Legacy Bridge LLC increased its position in shares of 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 valued at $33,000 after purchasing an additional 100 shares during the period. Ashton Thomas Securities LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $36,000. Darwin Wealth Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the third quarter valued at about $39,000. Oakworth Capital Inc. grew its holdings 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 acquiring an additional 270 shares during the period. Finally, Cedar Mountain Advisors LLC boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 44.8% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 375 shares of the company’s stock valued at $52,000 after purchasing an additional 116 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

NASDAQ IJT opened at $141.39 on Friday. The company’s 50 day simple moving average is $141.59 and its 200 day simple moving average is $138.46. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $120.45 and a 12 month high of $152.05. The company has a market capitalization of $6.73 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 business also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.3508 dividend. The ex-dividend date of this dividend 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.