Forte Asset Management LLC Sells 14,425 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Forte Asset Management LLC trimmed its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,179 shares of the company’s stock after selling 14,425 shares during the quarter. iShares U.S. Equity Factor ETF makes up about 3.2% of Forte Asset Management LLC’s investment portfolio, making the stock its 12th largest holding. Forte Asset Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $6,046,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in LRGF. AQR Capital Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth approximately $818,000. Magnolia Capital Advisors LLC grew its stake in iShares U.S. Equity Factor ETF by 152.2% during the second quarter. Magnolia Capital Advisors LLC now owns 39,866 shares of the company’s stock valued at $2,220,000 after acquiring an additional 24,059 shares in the last quarter. Kestra Investment Management LLC purchased a new position in iShares U.S. Equity Factor ETF during the second quarter valued at $8,182,000. Sanctuary Advisors LLC purchased a new position in iShares U.S. Equity Factor ETF during the second quarter valued at $5,726,000. Finally, Cardinal Point Capital Management ULC grew its stake in iShares U.S. Equity Factor ETF by 3.4% during the third quarter. Cardinal Point Capital Management ULC now owns 632,786 shares of the company’s stock valued at $37,189,000 after acquiring an additional 20,633 shares in the last quarter.

iShares U.S. Equity Factor ETF Stock Down 1.4 %

LRGF stock opened at $62.07 on Tuesday. iShares U.S. Equity Factor ETF has a 52 week low of $49.16 and a 52 week high of $63.35. The company has a fifty day simple moving average of $61.66 and a two-hundred day simple moving average of $59.16. The firm has a market capitalization of $2.22 billion, a P/E ratio of 21.21 and a beta of 1.02.

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.