Fortress Financial Group LLC Invests $4.05 Million in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Fortress Financial Group LLC purchased a new position in shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 29,888 shares of the company’s stock, valued at approximately $4,046,000. iShares S&P Small-Cap 600 Growth ETF accounts for about 4.0% of Fortress Financial Group LLC’s investment portfolio, making the stock its 7th biggest position. Fortress Financial Group LLC owned about 0.06% of iShares S&P Small-Cap 600 Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA grew its stake in iShares S&P Small-Cap 600 Growth ETF by 6.0% during the 4th quarter. Private Trust Co. NA now owns 4,991 shares of the company’s stock valued at $676,000 after acquiring an additional 283 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in iShares S&P Small-Cap 600 Growth ETF by 22.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 11,760 shares of the company’s stock worth $1,592,000 after purchasing an additional 2,166 shares during the period. Oppenheimer & Co. Inc. grew its stake in iShares S&P Small-Cap 600 Growth ETF by 6.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 10,542 shares of the company’s stock valued at $1,427,000 after buying an additional 654 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 2.2% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 200,631 shares of the company’s stock worth $27,159,000 after purchasing an additional 4,410 shares during the last quarter. Finally, Schneider Downs Wealth Management Advisors LP boosted its position in shares of iShares S&P Small-Cap 600 Growth ETF by 27.3% in the fourth quarter. Schneider Downs Wealth Management Advisors LP now owns 163,028 shares of the company’s stock valued at $22,069,000 after acquiring an additional 34,950 shares during the period. 55.81% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Growth ETF Trading Down 1.5 %

IJT opened at $131.11 on Friday. The stock has a market cap of $6.23 billion, a PE ratio of 14.69 and a beta of 1.13. The stock’s 50 day simple moving average is $138.00 and its 200-day simple moving average is $139.12. iShares S&P Small-Cap 600 Growth ETF has a 1 year low of $121.20 and a 1 year high of $152.05.

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

The firm also recently disclosed 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 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.