Forte Asset Management LLC Has $7.27 Million Holdings in iShares U.S. Equity Factor ETF $LRGF

Forte Asset Management LLC boosted its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,322 shares of the company’s stock after purchasing an additional 4,105 shares during the quarter. iShares U.S. Equity Factor ETF comprises approximately 3.7% of Forte Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Forte Asset Management LLC owned about 0.28% of iShares U.S. Equity Factor ETF worth $7,267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in iShares U.S. Equity Factor ETF by 3,714.3% during the first quarter. Smartleaf Asset Management LLC now owns 801 shares of the company’s stock worth $46,000 after purchasing an additional 780 shares during the period. Spire Wealth Management bought a new position in iShares U.S. Equity Factor ETF during the first quarter worth $64,000. JNBA Financial Advisors bought a new position in iShares U.S. Equity Factor ETF during the second quarter worth $104,000. Graves Light Lenhart Wealth Inc. acquired a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter worth $208,000. Finally, Columbus Macro LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter worth $266,000.

iShares U.S. Equity Factor ETF Stock Performance

LRGF opened at $69.93 on Friday. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $70.06. The company has a market capitalization of $2.99 billion, a P/E ratio of 22.79 and a beta of 0.98. The stock has a fifty day moving average of $68.08 and a 200-day moving average of $63.93.

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.