Quantinno Capital Management LP Decreases Stake in iShares U.S. Equity Factor ETF $LRGF

Quantinno Capital Management LP lessened its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 47.4% in the 1st quarter, Holdings Channel reports. The fund owned 76,268 shares of the company’s stock after selling 68,708 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares U.S. Equity Factor ETF were worth $5,034,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LRGF. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth approximately $25,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 127.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock worth $35,000 after purchasing an additional 285 shares during the last quarter. Ares Financial Consulting LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $41,000. Finally, Timmons Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $56,000.

iShares U.S. Equity Factor ETF Stock Performance

NYSEARCA:LRGF opened at $78.13 on Friday. iShares U.S. Equity Factor ETF has a one year low of $63.89 and a one year high of $79.06. The stock has a market cap of $3.68 billion, a PE ratio of 22.79 and a beta of 0.99. The stock has a 50 day moving average price of $75.76 and a 200 day moving average price of $71.97.

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