Franklin Resources Inc. Has $5.20 Million Position in iShares S&P Small-Cap 600 Value ETF $IJS

Franklin Resources Inc. cut its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,240 shares of the company’s stock after selling 614 shares during the period. Franklin Resources Inc. owned about 0.09% of iShares S&P Small-Cap 600 Value ETF worth $5,197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Trust Co acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the second quarter worth about $268,000. Avantax Advisory Services Inc. increased its stake in iShares S&P Small-Cap 600 Value ETF by 52.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 148,729 shares of the company’s stock worth $14,797,000 after purchasing an additional 51,300 shares in the last quarter. Advisors Capital Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF during the 2nd quarter worth approximately $302,000. Geneos Wealth Management Inc. raised its holdings in iShares S&P Small-Cap 600 Value ETF by 77.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,137 shares of the company’s stock worth $111,000 after buying an additional 498 shares during the period. Finally, Neumann Capital Management LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 4.1% in the second quarter. Neumann Capital Management LLC now owns 26,520 shares of the company’s stock valued at $2,638,000 after buying an additional 1,050 shares in the last quarter. 71.86% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.2%

iShares S&P Small-Cap 600 Value ETF stock opened at $113.13 on Tuesday. The company has a 50 day moving average of $110.53 and a 200-day moving average of $105.57. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $82.10 and a twelve month high of $117.94. The stock has a market capitalization of $6.70 billion, a PE ratio of 13.92 and a beta of 1.08.

About iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 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 SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics.