Midwest Trust Co Acquires New Stake in iShares S&P Small-Cap 600 Growth ETF $IJT

Midwest Trust Co bought a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 8,061 shares of the company’s stock, valued at approximately $1,072,000.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its position in iShares S&P Small-Cap 600 Growth ETF by 5.5% in the 1st quarter. LPL Financial LLC now owns 889,343 shares of the company’s stock valued at $110,723,000 after buying an additional 46,427 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 13.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 801,556 shares of the company’s stock worth $99,794,000 after purchasing an additional 95,583 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares S&P Small-Cap 600 Growth ETF by 3.2% during the first quarter. Commonwealth Equity Services LLC now owns 504,285 shares of the company’s stock worth $62,783,000 after purchasing an additional 15,629 shares during the last quarter. HighTower Advisors LLC grew its position in iShares S&P Small-Cap 600 Growth ETF by 2.4% in the first quarter. HighTower Advisors LLC now owns 361,901 shares of the company’s stock valued at $45,057,000 after purchasing an additional 8,540 shares in the last quarter. Finally, SPC Financial Inc. grew its position in iShares S&P Small-Cap 600 Growth ETF by 1.6% in the first quarter. SPC Financial Inc. now owns 200,628 shares of the company’s stock valued at $24,978,000 after purchasing an additional 3,238 shares in the last quarter. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.2%

NASDAQ IJT opened at $140.92 on Wednesday. iShares S&P Small-Cap 600 Growth ETF has a 12 month low of $107.38 and a 12 month high of $152.05. The stock has a 50 day moving average of $141.11 and a 200-day moving average of $135.61. The company has a market cap of $6.30 billion, a PE ratio of 20.21 and a beta of 1.09.

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

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

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.