Forte Asset Management LLC Sells 27,951 Shares of iShares U.S. Equity Factor ETF $LRGF

Forte Asset Management LLC decreased its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 25.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,634 shares of the company’s stock after selling 27,951 shares during the quarter. iShares U.S. Equity Factor ETF comprises approximately 2.4% of Forte Asset Management LLC’s investment portfolio, making the stock its 15th biggest position. Forte Asset Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $5,520,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. First Foundation Advisors lifted its holdings in iShares U.S. Equity Factor ETF by 0.9% during the 3rd quarter. First Foundation Advisors now owns 17,799 shares of the company’s stock worth $1,230,000 after purchasing an additional 167 shares during the last quarter. Cerity Partners LLC grew its holdings in iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after buying an additional 175 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares U.S. Equity Factor ETF by 0.9% in the 4th quarter. Cetera Investment Advisers now owns 22,223 shares of the company’s stock valued at $1,543,000 after buying an additional 194 shares in the last quarter. Savvy Advisors Inc. increased its position in iShares U.S. Equity Factor ETF by 4.3% during the 4th quarter. Savvy Advisors Inc. now owns 5,682 shares of the company’s stock worth $395,000 after buying an additional 235 shares during the period. Finally, Advisory Services Network LLC increased its position in iShares U.S. Equity Factor ETF by 1.7% during the 3rd quarter. Advisory Services Network LLC now owns 17,080 shares of the company’s stock worth $1,180,000 after buying an additional 282 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

LRGF opened at $75.35 on Friday. iShares U.S. Equity Factor ETF has a fifty-two week low of $63.89 and a fifty-two week high of $77.15. The company has a market capitalization of $3.50 billion, a P/E ratio of 22.79 and a beta of 0.99. The stock has a fifty day moving average of $74.56 and a 200-day moving average of $70.89.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.