HB Wealth Management LLC Sells 1,445 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

HB Wealth Management LLC cut its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,018 shares of the company’s stock after selling 1,445 shares during the period. HB Wealth Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $9,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 10.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 350,286 shares of the company’s stock worth $19,507,000 after acquiring an additional 33,558 shares during the period. AlTi Global Inc. acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 2nd quarter valued at $5,930,000. AQR Capital Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the 2nd quarter valued at $818,000. Goodman Advisory Group LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 26.6% during the 2nd quarter. Goodman Advisory Group LLC now owns 20,801 shares of the company’s stock worth $1,158,000 after buying an additional 4,376 shares in the last quarter. Finally, Magnolia Capital Advisors LLC lifted its position in shares of iShares U.S. Equity Factor ETF by 152.2% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 39,866 shares of the company’s stock worth $2,220,000 after buying an additional 24,059 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Up 0.9 %

NYSEARCA:LRGF opened at $61.83 on Friday. The firm has a market capitalization of $2.21 billion, a PE ratio of 21.21 and a beta of 1.02. iShares U.S. Equity Factor ETF has a twelve month low of $48.00 and a twelve month high of $63.35. The stock’s 50-day simple moving average is $61.55 and its 200 day simple moving average is $58.93.

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.