Pettinga Financial Advisors LLC Sells 11,715 Shares of iShares U.S. Equity Factor ETF $LRGF

Pettinga Financial Advisors LLC lessened its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 2.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 442,817 shares of the company’s stock after selling 11,715 shares during the quarter. iShares U.S. Equity Factor ETF makes up about 6.2% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 4th biggest holding. Pettinga Financial Advisors LLC owned approximately 1.09% of iShares U.S. Equity Factor ETF worth $28,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LRGF. Smartleaf Asset Management LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 3,714.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 801 shares of the company’s stock worth $46,000 after acquiring an additional 780 shares during the period. Spire Wealth Management purchased a new position in shares of iShares U.S. Equity Factor ETF during the 1st quarter worth $64,000. JNBA Financial Advisors purchased a new position in shares of iShares U.S. Equity Factor ETF during the 2nd quarter worth $104,000. Graves Light Lenhart Wealth Inc. purchased a new position in shares of iShares U.S. Equity Factor ETF during the 2nd quarter worth $208,000. Finally, Columbus Macro LLC purchased a new position in shares of iShares U.S. Equity Factor ETF during the 2nd quarter worth $266,000.

iShares U.S. Equity Factor ETF Stock Up 0.3%

NYSEARCA LRGF opened at $68.54 on Thursday. iShares U.S. Equity Factor ETF has a 52 week low of $49.97 and a 52 week high of $69.69. The business’s fifty day simple moving average is $67.71 and its 200-day simple moving average is $63.18. The firm has a market cap of $2.93 billion, a PE ratio of 22.79 and a beta of 0.98.

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.