Phillips Financial Management LLC Sells 34,141 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Phillips Financial Management LLC lessened its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 500,647 shares of the company’s stock after selling 34,141 shares during the quarter. iShares U.S. Equity Factor ETF makes up approximately 2.3% of Phillips Financial Management LLC’s holdings, making the stock its 11th biggest holding. Phillips Financial Management LLC owned about 1.40% of iShares U.S. Equity Factor ETF worth $29,423,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the 2nd quarter valued at about $43,000. JGP Wealth Management LLC bought a new position in iShares U.S. Equity Factor ETF in the second quarter valued at approximately $223,000. Columbus Macro LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the second quarter valued at approximately $231,000. Sterling Investment Counsel LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth $256,000. Finally, Aptus Capital Advisors LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 58.9% during the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock worth $317,000 after acquiring an additional 2,003 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

Shares of iShares U.S. Equity Factor ETF stock opened at $60.48 on Monday. The firm has a market cap of $2.17 billion, a PE ratio of 21.21 and a beta of 1.02. The business’s 50 day simple moving average is $59.13 and its 200 day simple moving average is $56.77. iShares U.S. Equity Factor ETF has a 52-week low of $45.10 and a 52-week high of $62.01.

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.