Merit Financial Group LLC Sells 497 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Merit Financial Group LLC lowered its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,417 shares of the company’s stock after selling 497 shares during the period. Merit Financial Group LLC’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $463,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Bridge LLC increased its holdings in iShares S&P Small-Cap 600 Growth ETF by 73.5% in the 3rd quarter. Legacy Bridge LLC now owns 236 shares of the company’s stock valued at $33,000 after buying an additional 100 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF during the 3rd quarter worth approximately $36,000. Darwin Wealth Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF in the third quarter valued at approximately $39,000. Oakworth Capital Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 306.8% in the third quarter. Oakworth Capital Inc. now owns 358 shares of the company’s stock valued at $50,000 after acquiring an additional 270 shares during the last quarter. Finally, Cedar Mountain Advisors LLC lifted its stake in iShares S&P Small-Cap 600 Growth ETF by 44.8% during the third quarter. Cedar Mountain Advisors LLC now owns 375 shares of the company’s stock worth $52,000 after purchasing an additional 116 shares during the last quarter. Institutional investors and hedge funds own 55.81% of the company’s stock.

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

Shares of IJT stock opened at $141.39 on Friday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $120.45 and a fifty-two week high of $152.05. The company has a market cap of $6.73 billion, a PE ratio of 14.69 and a beta of 1.13. The stock’s fifty day moving average price is $141.59 and its two-hundred day moving average price is $138.46.

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

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given 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.