Kingsview Wealth Management LLC Reduces Stock Position in iShares U.S. Equity Factor ETF $LRGF

Kingsview Wealth Management LLC trimmed its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,197 shares of the company’s stock after selling 775 shares during the period. Kingsview Wealth Management LLC owned approximately 0.16% of iShares U.S. Equity Factor ETF worth $4,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in iShares U.S. Equity Factor ETF by 3,714.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 801 shares of the company’s stock worth $46,000 after purchasing an additional 780 shares during the period. JNBA Financial Advisors bought a new stake in shares of iShares U.S. Equity Factor ETF in the second quarter worth $104,000. Graves Light Lenhart Wealth Inc. bought a new stake in shares of iShares U.S. Equity Factor ETF in the second quarter worth $208,000. Bryn Mawr Trust Advisors LLC purchased a new stake in iShares U.S. Equity Factor ETF during the second quarter valued at $240,000. Finally, Columbus Macro LLC bought a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $266,000.

iShares U.S. Equity Factor ETF Stock Performance

Shares of NYSEARCA:LRGF opened at $67.97 on Tuesday. The stock’s 50-day simple moving average is $69.02 and its two-hundred day simple moving average is $65.61. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 52-week low of $49.97 and a 52-week high of $71.07.

iShares U.S. Equity Factor ETF Company Profile

The iShares U.S. Equity Factor ETF (LRGF) is an exchange-traded fund that is based on the STOXX U.S. Equity Factor index. The fund tracks an index of US large- and mid-cap equities. Stocks are selected and weighted to maximize exposure to five factors: momentum, quality, value, low volatility, and size.