iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) Position Cut by Franklin Resources Inc.

Franklin Resources Inc. trimmed its stake in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) by 2.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 13,118 shares of the company’s stock after selling 385 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Russell Mid-Cap Value ETF were worth $1,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Synovus Financial Corp raised its position in iShares Russell Mid-Cap Value ETF by 4.8% in the third quarter. Synovus Financial Corp now owns 69,873 shares of the company’s stock worth $9,241,000 after acquiring an additional 3,218 shares in the last quarter. Wilmington Savings Fund Society FSB raised its position in iShares Russell Mid-Cap Value ETF by 3.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,693 shares of the company’s stock worth $1,150,000 after acquiring an additional 283 shares in the last quarter. Broadview Financial Management LLC raised its position in iShares Russell Mid-Cap Value ETF by 6.9% in the third quarter. Broadview Financial Management LLC now owns 13,891 shares of the company’s stock worth $1,837,000 after acquiring an additional 899 shares in the last quarter. World Investment Advisors LLC bought a new stake in iShares Russell Mid-Cap Value ETF in the third quarter worth about $253,000. Finally, Sanctuary Advisors LLC raised its position in iShares Russell Mid-Cap Value ETF by 2.0% in the third quarter. Sanctuary Advisors LLC now owns 58,074 shares of the company’s stock worth $8,051,000 after acquiring an additional 1,148 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Trading Down 0.7 %

NYSEARCA IWS opened at $130.29 on Friday. The stock’s 50-day moving average price is $134.69 and its two-hundred day moving average price is $129.16. The company has a market cap of $13.64 billion, a PE ratio of 17.15 and a beta of 0.97. iShares Russell Mid-Cap Value ETF has a 1 year low of $111.92 and a 1 year high of $140.95.

iShares Russell Mid-Cap Value ETF Company Profile

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.