Tranquility Partners LLC Lowers Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Tranquility Partners LLC cut its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,843 shares of the company’s stock after selling 1,228 shares during the quarter. Tranquility Partners LLC’s holdings in iShares U.S. Equity Factor ETF were worth $620,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. ORG Partners LLC grew its holdings in shares of iShares U.S. Equity Factor ETF by 171.2% in the fourth quarter. ORG Partners LLC now owns 838 shares of the company’s stock valued at $40,000 after acquiring an additional 529 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of iShares U.S. Equity Factor ETF in the first quarter valued at approximately $53,000. Assetmark Inc. grew its holdings in iShares U.S. Equity Factor ETF by 19.1% during the third quarter. Assetmark Inc. now owns 2,410 shares of the company’s stock valued at $104,000 after purchasing an additional 386 shares during the period. BKM Wealth Management LLC bought a new position in iShares U.S. Equity Factor ETF during the fourth quarter valued at $109,000. Finally, FMR LLC grew its holdings in iShares U.S. Equity Factor ETF by 10.6% during the third quarter. FMR LLC now owns 2,721 shares of the company’s stock valued at $118,000 after purchasing an additional 260 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

NYSEARCA LRGF traded up $0.07 on Thursday, hitting $51.34. 29,570 shares of the stock traded hands, compared to its average volume of 163,741. The business’s fifty day moving average is $52.38 and its two-hundred day moving average is $48.38. iShares U.S. Equity Factor ETF has a 12 month low of $40.44 and a 12 month high of $54.00. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 21.66 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.