Wealth Enhancement Advisory Services LLC cut its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) by 4.8% during the 4th quarter, Holdings Channel reports. The firm owned 172,478 shares of the company’s stock after selling 8,622 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Equity Factor ETF were worth $12,140,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of LRGF. Mather Group LLC. acquired a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth approximately $53,000. Assetmark Inc. grew its holdings in iShares U.S. Equity Factor ETF by 19.8% during the 3rd quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock valued at $78,000 after buying an additional 186 shares during the last quarter. Goodman Advisory Group LLC acquired a new stake in iShares U.S. Equity Factor ETF during the 2nd quarter valued at $168,000. Keystone Financial Group purchased a new position in iShares U.S. Equity Factor ETF during the third quarter worth $168,000. Finally, Money Concepts Capital Corp purchased a new position in iShares U.S. Equity Factor ETF during the third quarter worth $202,000.
iShares U.S. Equity Factor ETF Stock Down 1.7%
NYSEARCA LRGF opened at $65.46 on Friday. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $71.07. The business has a fifty day moving average of $68.64 and a 200-day moving average of $69.02. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98.
iShares U.S. Equity Factor ETF 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.
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