Neumann Capital Management LLC Sells 27,207 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Neumann Capital Management LLC lessened its position in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 48.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,913 shares of the company’s stock after selling 27,207 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF accounts for approximately 1.2% of Neumann Capital Management LLC’s portfolio, making the stock its 23rd largest holding. Neumann Capital Management LLC owned about 0.06% of iShares S&P Small-Cap 600 Growth ETF worth $4,636,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF in the 1st quarter worth about $37,000. Horizons Wealth Management bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter valued at about $43,000. Angeles Wealth Management LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 70.0% during the 1st quarter. Angeles Wealth Management LLC now owns 340 shares of the company’s stock valued at $49,000 after purchasing an additional 140 shares during the last quarter. Vermillion Wealth Management Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at about $52,000. Finally, Advisortrust Partners LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF during the 1st quarter valued at about $53,000. Hedge funds and other institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Trading Up 1.2%

Shares of NASDAQ IJT opened at $161.01 on Friday. The stock’s 50-day moving average is $167.75 and its 200 day moving average is $166.03. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 20.21 and a beta of 1.05. 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 declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, September 15th. This is an increase from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.2566. This represents a $1.44 dividend on an annualized basis and a yield of 0.9%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.