iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) is Sterneck Capital Management LLC’s 8th Largest Position

Sterneck Capital Management LLC reduced its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 94,173 shares of the company’s stock after selling 549 shares during the period. iShares U.S. Equity Factor ETF makes up 3.1% of Sterneck Capital Management LLC’s portfolio, making the stock its 8th largest holding. Sterneck Capital Management LLC owned approximately 0.26% of iShares U.S. Equity Factor ETF worth $5,683,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. FMR LLC boosted 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 purchasing an additional 2,670 shares during the period. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Equity Factor ETF by 4.4% during the third quarter. JPMorgan Chase & Co. now owns 662,548 shares of the company’s stock valued at $38,938,000 after acquiring an additional 28,119 shares in the last quarter. Citigroup Inc. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 29.4% in the third quarter. Citigroup Inc. now owns 142,433 shares of the company’s stock valued at $8,371,000 after purchasing an additional 32,400 shares during the period. Affinity Wealth Management LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter worth approximately $30,351,000. Finally, Plancorp LLC grew its stake in iShares U.S. Equity Factor ETF by 2.2% in the second quarter. Plancorp LLC now owns 1,491,331 shares of the company’s stock valued at $83,052,000 after purchasing an additional 31,625 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

Shares of iShares U.S. Equity Factor ETF stock opened at $60.73 on Wednesday. iShares U.S. Equity Factor ETF has a one year low of $47.53 and a one year high of $63.35. The company has a market capitalization of $2.17 billion, a PE ratio of 21.21 and a beta of 1.02. The company has a 50-day simple moving average of $61.41 and a two-hundred day simple moving average of $58.67.

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.