Franklin Resources Inc. Has $951,000 Position in iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ)

Franklin Resources Inc. trimmed its holdings in shares of iShares S&P Mid-Cap 400 Value ETF (NYSEARCA:IJJ) by 3.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,273 shares of the company’s stock after selling 295 shares during the period. Franklin Resources Inc.’s holdings in iShares S&P Mid-Cap 400 Value ETF were worth $951,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. RPg Family Wealth Advisory LLC acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter valued at approximately $37,000. Syntrinsic LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Value ETF in the 3rd quarter valued at approximately $42,000. GAMMA Investing LLC grew its stake in shares of iShares S&P Mid-Cap 400 Value ETF by 94.3% in the third quarter. GAMMA Investing LLC now owns 338 shares of the company’s stock valued at $42,000 after buying an additional 164 shares in the last quarter. Eastern Bank acquired a new position in iShares S&P Mid-Cap 400 Value ETF during the third quarter worth $57,000. Finally, Allspring Global Investments Holdings LLC raised its position in iShares S&P Mid-Cap 400 Value ETF by 36.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 547 shares of the company’s stock worth $62,000 after acquiring an additional 145 shares in the last quarter.

iShares S&P Mid-Cap 400 Value ETF Price Performance

Shares of IJJ opened at $125.05 on Friday. The company has a market cap of $8.08 billion, a PE ratio of 14.35 and a beta of 1.08. The firm has a 50-day moving average of $128.91 and a 200-day moving average of $122.27. iShares S&P Mid-Cap 400 Value ETF has a one year low of $108.60 and a one year high of $136.42.

iShares S&P Mid-Cap 400 Value ETF Profile

iShares S&P Mid-Cap 400 Value ETF, formerly iShares S&P MidCap 400 Value Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Value Index (the Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics.