First Merchants Corp Sells 605 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

First Merchants Corp reduced its position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 3.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,165 shares of the company’s stock after selling 605 shares during the period. First Merchants Corp’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $2,151,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Twelve Points Wealth Management LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at about $211,000. San Luis Wealth Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the second quarter valued at about $4,000,000. LPL Financial LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after purchasing an additional 46,427 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at about $1,008,000. Finally, Neumann Capital Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 3.1% during the second quarter. Neumann Capital Management LLC now owns 28,560 shares of the company’s stock valued at $3,800,000 after purchasing an additional 860 shares in the last quarter. 55.81% of the stock is owned by institutional investors.

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

IJT opened at $141.90 on Thursday. The firm has a market capitalization of $6.28 billion, a P/E ratio of 20.21 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $107.38 and a fifty-two week high of $152.05. The company’s 50-day moving average is $139.55 and its 200 day moving average is $131.63.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were given a $0.314 dividend. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. This represents a $1.26 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 16th.

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.