Signature Estate & Investment Advisors LLC Reduces Position in iShares U.S. Equity Factor ETF $LRGF

Signature Estate & Investment Advisors LLC lessened its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 107,992 shares of the company’s stock after selling 4,168 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares U.S. Equity Factor ETF were worth $6,926,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its stake in shares of 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 valued at $46,000 after acquiring an additional 780 shares in the last quarter. Spire Wealth Management bought a new stake in shares of iShares U.S. Equity Factor ETF during the first quarter valued at approximately $64,000. JNBA Financial Advisors bought a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter valued at approximately $104,000. Graves Light Lenhart Wealth Inc. bought a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter valued at approximately $208,000. Finally, Columbus Macro LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter valued at approximately $266,000.

iShares U.S. Equity Factor ETF Stock Performance

iShares U.S. Equity Factor ETF stock opened at $68.39 on Friday. The company has a 50 day moving average price of $67.80 and a 200-day moving average price of $63.35. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $69.69. The company has a market capitalization of $2.93 billion, a PE ratio of 22.79 and a beta of 0.98.

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.