iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 22.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 179,163 shares of the company’s stock after selling 50,739 shares during the quarter. HighTower Advisors LLC owned 0.50% of iShares U.S. Equity Factor ETF worth $10,812,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MONECO Advisors LLC increased its stake in shares of iShares U.S. Equity Factor ETF by 0.7% in the fourth quarter. MONECO Advisors LLC now owns 27,342 shares of the company’s stock worth $1,650,000 after acquiring an additional 179 shares during the period. JGP Wealth Management LLC grew its position in iShares U.S. Equity Factor ETF by 5.8% during the fourth quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $283,000 after buying an additional 256 shares during the period. Nova R Wealth Inc. grew its position in iShares U.S. Equity Factor ETF by 0.3% during the fourth quarter. Nova R Wealth Inc. now owns 100,158 shares of the company’s stock valued at $6,045,000 after buying an additional 259 shares during the period. Quadrant Private Wealth Management LLC grew its position in iShares U.S. Equity Factor ETF by 2.5% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 13,432 shares of the company’s stock valued at $811,000 after buying an additional 333 shares during the period. Finally, Flagship Private Wealth LLC grew its position in iShares U.S. Equity Factor ETF by 10.3% during the fourth quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after buying an additional 405 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

LRGF stock opened at $58.24 on Monday. The firm has a market cap of $2.25 billion, a PE ratio of 22.89 and a beta of 1.00. The firm’s fifty day moving average is $61.57 and its 200 day moving average is $60.52. iShares U.S. Equity Factor ETF has a one year low of $50.60 and a one year high of $63.98.

About iShares U.S. Equity Factor ETF

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.