Kaydan Wealth Management Inc. Trims Stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Kaydan Wealth Management Inc. lowered its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 5.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,940 shares of the company’s stock after selling 860 shares during the quarter. Kaydan Wealth Management Inc.’s holdings in iShares U.S. Equity Factor ETF were worth $807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of LRGF. Halbert Hargrove Global Advisors LLC grew its holdings in iShares U.S. Equity Factor ETF by 2.4% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 3,349,515 shares of the company’s stock worth $202,143,000 after purchasing an additional 79,445 shares during the period. Wells Fargo & Company MN grew its holdings in iShares U.S. Equity Factor ETF by 3.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,850,538 shares of the company’s stock worth $111,680,000 after purchasing an additional 57,157 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares U.S. Equity Factor ETF by 128.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,514,134 shares of the company’s stock worth $91,378,000 after purchasing an additional 851,586 shares during the period. Integrated Wealth Concepts LLC grew its holdings in iShares U.S. Equity Factor ETF by 51.4% in the fourth quarter. Integrated Wealth Concepts LLC now owns 1,107,292 shares of the company’s stock worth $66,825,000 after purchasing an additional 376,160 shares during the period. Finally, Clearwater Capital Advisors LLC grew its holdings in iShares U.S. Equity Factor ETF by 0.3% in the fourth quarter. Clearwater Capital Advisors LLC now owns 1,034,725 shares of the company’s stock worth $62,446,000 after purchasing an additional 2,727 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

Shares of LRGF opened at $62.12 on Tuesday. The stock has a market cap of $2.45 billion, a PE ratio of 23.84 and a beta of 0.97. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $63.98. The firm’s 50-day simple moving average is $59.11 and its two-hundred day simple moving average is $60.15.

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.