Forbes Financial Planning Inc. Sells 14,045 Shares of iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT)

Forbes Financial Planning Inc. lowered its stake in iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) by 69.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 6,066 shares of the company’s stock after selling 14,045 shares during the quarter. iShares S&P Small-Cap 600 Growth ETF comprises 0.6% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 24th largest holding. Forbes Financial Planning Inc.’s holdings in iShares S&P Small-Cap 600 Growth ETF were worth $821,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Thrivent Financial for Lutherans increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 35.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 12,728 shares of the company’s stock valued at $1,786,000 after acquiring an additional 3,324 shares in the last quarter. Taylor Financial Group Inc. increased its stake in shares of iShares S&P Small-Cap 600 Growth ETF by 5.3% in the 4th quarter. Taylor Financial Group Inc. now owns 15,746 shares of the company’s stock valued at $2,132,000 after acquiring an additional 799 shares in the last quarter. Cozad Asset Management Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $216,000. GWN Securities Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $286,000. Finally, one8zero8 LLC bought a new stake in shares of iShares S&P Small-Cap 600 Growth ETF in the 4th quarter valued at $112,000. Institutional investors own 55.81% of the company’s stock.

iShares S&P Small-Cap 600 Growth ETF Stock Down 1.3 %

NASDAQ:IJT opened at $123.87 on Wednesday. The company has a fifty day moving average of $135.21 and a 200-day moving average of $138.28. The firm has a market capitalization of $5.88 billion, a P/E ratio of 19.15 and a beta of 1.13. iShares S&P Small-Cap 600 Growth ETF has a twelve month low of $120.32 and a twelve month high of $152.05.

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

The firm also recently declared a dividend, which will be paid on Friday, March 21st. Investors of record on Tuesday, March 18th will be given a $0.2502 dividend. The ex-dividend date is Tuesday, March 18th.

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.