Fortitude Family Office LLC Makes New Investment in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Fortitude Family Office LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,060 shares of the company’s stock, valued at approximately $820,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Assetmark Inc. increased its stake in iShares S&P Small-Cap 600 Growth ETF by 1,328.7% during the 3rd quarter. Assetmark Inc. now owns 1,243 shares of the company’s stock valued at $173,000 after purchasing an additional 1,156 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of iShares S&P Small-Cap 600 Growth ETF by 18.4% during the third quarter. Sequoia Financial Advisors LLC now owns 2,398 shares of the company’s stock valued at $335,000 after buying an additional 372 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares S&P Small-Cap 600 Growth ETF by 135.6% in the 3rd quarter. Jane Street Group LLC now owns 5,809 shares of the company’s stock valued at $810,000 after acquiring an additional 3,343 shares during the period. Thrivent Financial for Lutherans raised its stake in iShares S&P Small-Cap 600 Growth ETF by 129.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 9,404 shares of the company’s stock worth $1,311,000 after acquiring an additional 5,298 shares during the last quarter. Finally, Etfidea LLC lifted its position in iShares S&P Small-Cap 600 Growth ETF by 1.3% during the 2nd quarter. Etfidea LLC now owns 60,493 shares of the company’s stock worth $7,769,000 after acquiring an additional 788 shares during the period. 55.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of IJT stock opened at $136.56 on Friday. iShares S&P Small-Cap 600 Growth ETF has a fifty-two week low of $118.72 and a fifty-two week high of $152.05. The firm has a market capitalization of $6.51 billion, a PE ratio of 14.69 and a beta of 1.13. The stock’s 50-day simple moving average is $142.50 and its 200-day simple moving average is $137.74.

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

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.3508 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.