Wealth Enhancement Advisory Services LLC Lowers Stock Holdings in iShares U.S. Equity Factor ETF $LRGF

Wealth Enhancement Advisory Services LLC lessened its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 172,478 shares of the company’s stock after selling 8,622 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.40% of iShares U.S. Equity Factor ETF worth $12,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. purchased a new position in iShares U.S. Equity Factor ETF during the 3rd quarter worth $53,000. Assetmark Inc. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 19.8% in the third quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock valued at $78,000 after acquiring an additional 186 shares in the last quarter. Goodman Advisory Group LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the second quarter worth about $168,000. Keystone Financial Group acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth about $168,000. Finally, Money Concepts Capital Corp purchased a new position in iShares U.S. Equity Factor ETF during the third quarter worth about $202,000.

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

Shares of NYSEARCA:LRGF opened at $65.46 on Friday. iShares U.S. Equity Factor ETF has a 52 week low of $49.97 and a 52 week high of $71.07. The company has a 50-day moving average price of $68.64 and a 200 day moving average price of $69.02. The company has a market cap of $2.97 billion, a P/E ratio of 22.79 and a beta of 0.98.

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.