iShares U.S. Equity Factor ETF $LRGF Shares Sold by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC lessened its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 1.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 731,889 shares of the company’s stock after selling 9,298 shares during the period. iShares U.S. Equity Factor ETF makes up 3.0% of Cardinal Point Capital Management ULC’s holdings, making the stock its 7th biggest position. Cardinal Point Capital Management ULC owned approximately 1.68% of iShares U.S. Equity Factor ETF worth $48,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRGF. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares U.S. Equity Factor ETF during the 4th quarter worth about $25,000. Rockefeller Capital Management L.P. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 127.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after buying an additional 285 shares during the period. Ares Financial Consulting LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at about $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 worth about $41,000. Finally, Timmons Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter worth about $56,000.

iShares U.S. Equity Factor ETF Stock Down 0.2%

iShares U.S. Equity Factor ETF stock opened at $74.34 on Thursday. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 52 week low of $62.74 and a 52 week high of $77.15. The business’s 50-day moving average price is $74.02 and its 200 day moving average price is $70.65.

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