Money Concepts Capital Corp Trims Stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Money Concepts Capital Corp lowered its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 46.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,276 shares of the company’s stock after selling 4,639 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares U.S. Equity Factor ETF were worth $318,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Affinity Wealth Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the third quarter valued at $30,351,000. Kestra Investment Management LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 155.3% in the third quarter. Kestra Investment Management LLC now owns 375,104 shares of the company’s stock valued at $22,045,000 after buying an additional 228,191 shares in the last quarter. Atomi Financial Group Inc. grew its stake in shares of iShares U.S. Equity Factor ETF by 28.5% in the fourth quarter. Atomi Financial Group Inc. now owns 620,387 shares of the company’s stock valued at $37,440,000 after buying an additional 137,733 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 19.3% in the third quarter. Integrated Wealth Concepts LLC now owns 731,132 shares of the company’s stock valued at $42,969,000 after buying an additional 118,245 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 1.9% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 3,270,070 shares of the company’s stock valued at $192,182,000 after buying an additional 61,704 shares in the last quarter.

iShares U.S. Equity Factor ETF Trading Up 0.3 %

Shares of NYSEARCA LRGF opened at $63.09 on Friday. iShares U.S. Equity Factor ETF has a twelve month low of $49.92 and a twelve month high of $63.35. The stock has a fifty day simple moving average of $61.79 and a 200-day simple moving average of $59.45. The stock has a market capitalization of $2.26 billion, a PE ratio of 21.21 and a beta of 1.02.

iShares U.S. Equity Factor ETF Company 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.