Tower Research Capital LLC TRC Sells 6,968 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Tower Research Capital LLC TRC reduced its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 86.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,063 shares of the company’s stock after selling 6,968 shares during the quarter. Tower Research Capital LLC TRC’s holdings in iShares U.S. Equity Factor ETF were worth $51,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in LRGF. Concourse Financial Group Securities Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 49.8% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 599 shares of the company’s stock valued at $29,000 after purchasing an additional 199 shares in the last quarter. ORG Partners LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 171.2% during the fourth quarter. ORG Partners LLC now owns 838 shares of the company’s stock valued at $40,000 after purchasing an additional 529 shares in the last quarter. Assetmark Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 19.1% during the third quarter. Assetmark Inc. now owns 2,410 shares of the company’s stock valued at $104,000 after purchasing an additional 386 shares in the last quarter. BKM Wealth Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at approximately $109,000. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at approximately $155,000.

iShares U.S. Equity Factor ETF Stock Performance

Shares of NYSEARCA LRGF traded down $0.94 during mid-day trading on Tuesday, hitting $51.45. 94,800 shares of the stock traded hands, compared to its average volume of 166,076. The stock has a fifty day moving average price of $52.52 and a 200-day moving average price of $48.94. iShares U.S. Equity Factor ETF has a 52 week low of $40.44 and a 52 week high of $54.00. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 21.66 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.