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

Forte Asset Management LLC lowered its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 12.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,179 shares of the company’s stock after selling 14,425 shares during the quarter. iShares U.S. Equity Factor ETF comprises 3.2% of Forte Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Forte Asset Management LLC owned about 0.28% of iShares U.S. Equity Factor ETF worth $6,046,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Flagship Private Wealth LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 10.3% in the 4th quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock worth $261,000 after acquiring an additional 405 shares during the last quarter. Sterling Investment Counsel LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 3rd quarter worth about $256,000. JGP Wealth Management LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 10.8% in the 3rd quarter. JGP Wealth Management LLC now owns 4,440 shares of the company’s stock worth $261,000 after acquiring an additional 433 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 58.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock worth $317,000 after acquiring an additional 2,003 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 96.6% in the 3rd quarter. FMR LLC now owns 5,434 shares of the company’s stock worth $319,000 after acquiring an additional 2,670 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

Shares of 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 50-day simple moving average of $61.66 and a two-hundred day simple moving average of $59.16. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02.

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.