According to Presentation of the Securities and Exchange Commission (SEC). dated January 22, 2026, Lee Financial Co. started a new participation in iShares Trust – iShares S&P Small-Cap 600 Growth ETF (NASDAQ:SD)acquiring 55,677 shares. The estimated value of this trade, calculated using the average stock price during the quarter, was $7.86 million. The quarter-end value of the position also stood at $7.86 million, capturing both the trade movement and subsequent price movement.

This was a new position for Lee Financial Co, which represented 1.06% of its $741.18 million in US equity assets reportable as of December 31, 2025.

Major holdings after the presentation include:

• Nysemkt: IVV: $187.02 million (25.2% of AUE)

• NEWEST: IJH: $92.10M (12.4% of AUM)

• NYSEMKT: FNDX: $63.24M (8.5% of AUM)

• NYSEMKT: IVW: $44.54M (6.0% of AUM)

• UNK: BRK-B: $37.94M (5.1% of AUM)

As of January 21, 2026, IJT shares were priced at $152.27.

IJT earned a total return of 8.2% over the past year and underperformed the S&P 500 by 5.5 percentage points over the same period.

• The ETF’s investment strategy seeks to track the S&P Small-Cap 600 Growth Index, focusing on US small-cap growth stocks.

• The portfolio consists primarily of small-cap US stocks with growth characteristics, with at least 80% of assets invested in index components and the remainder in cash equivalents and derivatives.

• The fund is structured as an ETF with a passive management approach aimed at institutional and retail investors seeking exposure to small-cap growth.

The iShares S&P Small-Cap 600 Growth ETF provides targeted exposure to the small-cap growth segment of the US stock market through a rules-based, index-tracking approach. The fund’s scale, with a market capitalization exceeding $6 billion, provides efficient access to a diversified basket of growth-oriented small-cap stocks. Its transparent structure and disciplined methodology offer investors a profitable vehicle to capture small-cap growth trends while maintaining liquidity and diversification.

This transaction from wealth management company Lee Financial Co. is notable because he is initiating a new position in the iShares S&P Small-Cap 600 Growth ETF ( IJT ), suggesting he sees an opportunity in the fund. The purchase was big enough to catapult IJT into Lee Financial’s top 15 holdings out of 142 by the end of 2025.

IJT is a well-established ETF that provides investors with exposure to small-cap companies with strong growth characteristics. With its large $6.3 billion in assets under management, the fund offers excellent liquidity.

IJT also comes with a modest dividend, which helps offset the 0.18% expense ratio, which isn’t cheap for a passively managed ETF, but it’s not excessive either.

Because the iShares S&P Small-Cap 600 Growth ETF focuses on smaller, growth-oriented companies, it has some volatility, as shown by its beta of 1.2, in exchange for the potential for larger gains over time. Accordingly, investors may view this fund as a complement to a broader portfolio.

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Is this small-cap growth ETF a buy after accumulating nearly $8 million in shares of Lee Financial? was originally published by The Motley Fool