Money Concepts Capital Corp Trims Stock Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Money Concepts Capital Corp cut its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 46.8% in the 4th quarter, Holdings Channel reports. The fund owned 5,276 shares of the company’s stock after selling 4,639 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares U.S. Equity Factor ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new position in iShares U.S. Equity Factor ETF during the 2nd quarter worth approximately $818,000. JGP Wealth Management LLC increased its position in iShares U.S. Equity Factor ETF by 10.8% during the 3rd quarter. JGP Wealth Management LLC now owns 4,440 shares of the company’s stock worth $261,000 after purchasing an additional 433 shares during the period. Affinity Wealth Management LLC acquired a new position in iShares U.S. Equity Factor ETF during the 3rd quarter worth approximately $30,351,000. Nova R Wealth Inc. increased its position in iShares U.S. Equity Factor ETF by 0.3% during the 3rd quarter. Nova R Wealth Inc. now owns 99,899 shares of the company’s stock worth $5,871,000 after purchasing an additional 282 shares during the period. Finally, Ullmann Wealth Partners Group LLC increased its position in iShares U.S. Equity Factor ETF by 3.9% during the 3rd quarter. Ullmann Wealth Partners Group LLC now owns 1,525,875 shares of the company’s stock worth $89,676,000 after purchasing an additional 57,794 shares during the period.

iShares U.S. Equity Factor ETF Trading Up 0.3 %

NYSEARCA LRGF opened at $63.09 on Friday. The business’s 50 day moving average is $61.79 and its two-hundred day moving average is $59.45. iShares U.S. Equity Factor ETF has a 12-month low of $49.92 and a 12-month high of $63.35. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02.

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.