ShoreHaven Wealth Partners LLC Cuts Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

ShoreHaven Wealth Partners LLC lowered its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 402,888 shares of the company’s stock after selling 7,238 shares during the period. iShares U.S. Equity Factor ETF comprises about 11.5% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 2nd largest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Equity Factor ETF were worth $24,314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth approximately $29,000. Flagship Private Wealth LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 10.3% in the fourth quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after buying an additional 405 shares in the last quarter. Sterling Investment Counsel LLC acquired a new position in iShares U.S. Equity Factor ETF during the third quarter worth $256,000. JGP Wealth Management LLC raised its position in iShares U.S. Equity Factor ETF by 5.8% during the fourth quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock worth $283,000 after acquiring an additional 256 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in iShares U.S. Equity Factor ETF by 58.9% in the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock valued at $317,000 after acquiring an additional 2,003 shares during the last quarter.

iShares U.S. Equity Factor ETF Price Performance

Shares of LRGF opened at $63.72 on Friday. The company has a market cap of $2.28 billion, a PE ratio of 21.21 and a beta of 1.02. The firm has a 50-day moving average of $61.81 and a 200-day moving average of $59.69. iShares U.S. Equity Factor ETF has a one year low of $50.19 and a one year high of $63.74.

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.