Commonwealth Equity Services LLC Trims Stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Commonwealth Equity Services LLC trimmed its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,759 shares of the company’s stock after selling 41,824 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares U.S. Equity Factor ETF were worth $18,030,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in LRGF. JPMorgan Chase & Co. increased its holdings in 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 buying an additional 28,119 shares during the period. FMR LLC boosted its position in iShares U.S. Equity Factor ETF by 96.6% during the 3rd quarter. FMR LLC now owns 5,434 shares of the company’s stock valued at $319,000 after acquiring an additional 2,670 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 1.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 69,090 shares of the company’s stock valued at $4,170,000 after acquiring an additional 1,003 shares during the period. Citigroup Inc. raised its position in shares of iShares U.S. Equity Factor ETF by 29.4% in the 3rd quarter. Citigroup Inc. now owns 142,433 shares of the company’s stock worth $8,371,000 after acquiring an additional 32,400 shares in the last quarter. Finally, Principal Securities Inc. purchased a new stake in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth $94,000.

iShares U.S. Equity Factor ETF Price Performance

LRGF opened at $58.75 on Tuesday. The firm has a market capitalization of $2.26 billion, a PE ratio of 22.89 and a beta of 1.00. The business’s 50-day moving average is $61.51 and its two-hundred day moving average is $60.53. iShares U.S. Equity Factor ETF has a 1 year low of $50.60 and a 1 year high of $63.98.

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.