iShares U.S. Equity Factor ETF $LRGF Position Lowered by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. cut its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 89.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 5,116 shares of the company’s stock after selling 44,913 shares during the period. Physician Wealth Advisors Inc.’s holdings in iShares U.S. Equity Factor ETF were worth $398,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter worth $285,121,000. Annex Advisory Services LLC purchased a new position in iShares U.S. Equity Factor ETF during the third quarter valued at $242,232,000. SigFig Wealth Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at $222,654,000. Clearwater Capital Advisors LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 5.7% during the 1st quarter. Clearwater Capital Advisors LLC now owns 1,128,442 shares of the company’s stock valued at $74,477,000 after buying an additional 60,478 shares in the last quarter. Finally, Modern Wealth Management LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 22.7% during the 1st quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock valued at $69,831,000 after buying an additional 194,532 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF opened at $78.56 on Wednesday. The firm’s 50-day moving average price is $78.46 and its 200-day moving average price is $75.74. The company has a market capitalization of $3.70 billion, a PE ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.90.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.