iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. trimmed its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 212,879 shares of the company’s stock after selling 7,812 shares during the quarter. iShares U.S. Equity Factor ETF comprises 0.8% of Foster & Motley Inc.’s investment portfolio, making the stock its 22nd biggest position. Foster & Motley Inc. owned 0.59% of iShares U.S. Equity Factor ETF worth $12,847,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Affinity Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at approximately $30,351,000. Kestra Investment Management LLC raised its position in iShares U.S. Equity Factor ETF by 155.3% in the third quarter. Kestra Investment Management LLC now owns 375,104 shares of the company’s stock valued at $22,045,000 after purchasing an additional 228,191 shares during the period. Atomi Financial Group Inc. raised its position in iShares U.S. Equity Factor ETF by 53.1% in the third quarter. Atomi Financial Group Inc. now owns 482,654 shares of the company’s stock valued at $28,366,000 after purchasing an additional 167,313 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of iShares U.S. Equity Factor ETF by 19.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 731,132 shares of the company’s stock valued at $42,969,000 after purchasing an additional 118,245 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor ETF during the 2nd quarter worth $5,726,000.

iShares U.S. Equity Factor ETF Trading Down 0.5 %

Shares of LRGF opened at $62.42 on Thursday. The company’s 50-day moving average price is $61.73 and its 200 day moving average price is $59.23. iShares U.S. Equity Factor ETF has a 12-month low of $49.16 and a 12-month high of $63.35. The firm has a market cap of $2.23 billion, a P/E ratio of 21.21 and a beta of 1.02.

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.