Ergawealth Advisors Inc. Has $402,000 Stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Ergawealth Advisors Inc. decreased its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 10.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,666 shares of the company’s stock after selling 738 shares during the period. Ergawealth Advisors Inc.’s holdings in iShares U.S. Equity Factor ETF were worth $402,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of LRGF. Ullmann Wealth Partners Group LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 0.9% during the fourth quarter. Ullmann Wealth Partners Group LLC now owns 1,539,884 shares of the company’s stock valued at $92,932,000 after purchasing an additional 14,009 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 19.3% during the third 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 period. Cardinal Point Capital Management ULC raised its holdings in shares of iShares U.S. Equity Factor ETF by 6.7% during the fourth quarter. Cardinal Point Capital Management ULC now owns 675,164 shares of the company’s stock valued at $40,746,000 after purchasing an additional 42,378 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Equity Factor ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 662,548 shares of the company’s stock valued at $38,938,000 after purchasing an additional 28,119 shares during the period. Finally, Atomi Financial Group Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 28.5% during the fourth quarter. Atomi Financial Group Inc. now owns 620,387 shares of the company’s stock valued at $37,440,000 after purchasing an additional 137,733 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 1.6 %

Shares of NYSEARCA LRGF opened at $60.93 on Friday. The firm’s 50-day moving average price is $61.99 and its 200-day moving average price is $60.28. iShares U.S. Equity Factor ETF has a 1-year low of $50.60 and a 1-year high of $63.98. The firm has a market capitalization of $2.36 billion, a P/E ratio of 24.79 and a beta of 0.99.

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.