Pacific Financial Group Inc. Sells 2,459 Shares of iShares S&P Small-Cap 600 Growth ETF $IJT

Pacific Financial Group Inc. cut its holdings in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 15.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,345 shares of the company’s stock after selling 2,459 shares during the period. iShares S&P Small-Cap 600 Growth ETF comprises approximately 1.4% of Pacific Financial Group Inc.’s portfolio, making the stock its 17th biggest holding. Pacific Financial Group Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $1,775,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IJT. Northwestern Mutual Wealth Management Co. grew its holdings 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 valued at $99,794,000 after acquiring an additional 95,583 shares in the last quarter. Cordatus Wealth Management LLC bought a new position in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at $7,713,000. LPL Financial LLC grew its holdings in 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 during the period. Brown Advisory Inc. grew its holdings in iShares S&P Small-Cap 600 Growth ETF by 16.8% during the first quarter. Brown Advisory Inc. now owns 296,371 shares of the company’s stock valued at $36,898,000 after purchasing an additional 42,548 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in iShares S&P Small-Cap 600 Growth ETF during the first quarter valued at $4,923,000. 55.81% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Up 0.4%

Shares of NASDAQ IJT opened at $142.09 on Friday. The stock has a fifty day simple moving average of $139.06 and a two-hundred day simple moving average of $131.17. iShares S&P Small-Cap 600 Growth ETF has a 1-year low of $107.38 and a 1-year high of $152.05. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 20.21 and a beta of 1.13.

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. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.314 per share. This represents a $1.26 annualized dividend and a yield of 0.9%. This is a positive change from iShares S&P Small-Cap 600 Growth ETF’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Tuesday, September 16th.

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.