Hobbs Group Advisors LLC Sells 4,763 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Hobbs Group Advisors LLC lessened its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 11.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,114 shares of the company’s stock after selling 4,763 shares during the quarter. iShares U.S. Equity Factor ETF makes up about 0.9% of Hobbs Group Advisors LLC’s portfolio, making the stock its 23rd biggest position. Hobbs Group Advisors LLC owned approximately 0.11% of iShares U.S. Equity Factor ETF worth $2,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in LRGF. Synergy Asset Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth $29,000. Assetmark Inc. raised its holdings in iShares U.S. Equity Factor ETF by 1,205.3% in the fourth quarter. Assetmark Inc. now owns 1,488 shares of the company’s stock worth $90,000 after purchasing an additional 1,374 shares in the last quarter. Principal Securities Inc. purchased a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at about $94,000. Flagship Private Wealth LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 10.3% in the 4th quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after buying an additional 405 shares in the last quarter. Finally, JGP Wealth Management LLC grew its position in shares of iShares U.S. Equity Factor ETF by 5.8% in the 4th quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock worth $283,000 after buying an additional 256 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Down 1.9 %

NYSEARCA:LRGF opened at $57.53 on Friday. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 22.89 and a beta of 1.00. iShares U.S. Equity Factor ETF has a 52 week low of $50.60 and a 52 week high of $63.98. The firm has a 50 day moving average of $61.12 and a 200 day moving average of $60.61.

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.