Clearwater Capital Advisors LLC Cuts Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Clearwater Capital Advisors LLC reduced its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,014,142 shares of the company’s stock after selling 23,549 shares during the quarter. iShares U.S. Equity Factor ETF comprises 6.0% of Clearwater Capital Advisors LLC’s holdings, making the stock its 4th largest holding. Clearwater Capital Advisors LLC owned 2.83% of iShares U.S. Equity Factor ETF worth $56,478,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in LRGF. Concourse Financial Group Securities Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 49.8% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 599 shares of the company’s stock worth $29,000 after purchasing an additional 199 shares in the last quarter. ORG Partners LLC bought a new position in iShares U.S. Equity Factor ETF in the second quarter worth approximately $43,000. YHB Investment Advisors Inc. acquired a new stake in iShares U.S. Equity Factor ETF in the first quarter valued at approximately $45,000. Woodmont Investment Counsel LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the first quarter valued at approximately $54,000. Finally, Mather Group LLC. acquired a new position in shares of iShares U.S. Equity Factor ETF during the first quarter worth approximately $115,000.

iShares U.S. Equity Factor ETF Trading Down 1.7 %

Shares of LRGF traded down $0.93 during trading hours on Friday, reaching $55.21. The stock had a trading volume of 48,425 shares, compared to its average volume of 133,610. The firm has a 50-day simple moving average of $56.24 and a 200 day simple moving average of $54.42. iShares U.S. Equity Factor ETF has a 12 month low of $41.38 and a 12 month high of $57.89. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02.

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.