Forte Asset Management LLC Has $5.52 Million Holdings in iShares U.S. Equity Factor ETF $LRGF

Forte Asset Management LLC decreased its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 25.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,634 shares of the company’s stock after selling 27,951 shares during the period. iShares U.S. Equity Factor ETF comprises approximately 2.4% of Forte Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. Forte Asset Management LLC owned approximately 0.19% of iShares U.S. Equity Factor ETF worth $5,520,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LRGF. AQR Capital Management LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 48.0% during the 1st quarter. AQR Capital Management LLC now owns 68,668 shares of the company’s stock worth $3,975,000 after acquiring an additional 22,261 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in iShares U.S. Equity Factor ETF during the 1st quarter valued at $2,568,000. Jane Street Group LLC acquired a new stake in iShares U.S. Equity Factor ETF during the 1st quarter valued at $2,041,000. Cerity Partners LLC lifted its holdings in iShares U.S. Equity Factor ETF by 0.3% during the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after purchasing an additional 175 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in iShares U.S. Equity Factor ETF during the second quarter worth $376,000.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF opened at $75.35 on Friday. iShares U.S. Equity Factor ETF has a one year low of $63.89 and a one year high of $77.15. The company has a market cap of $3.50 billion, a P/E ratio of 22.79 and a beta of 0.99. The firm’s fifty day moving average price is $74.56 and its two-hundred day moving average price is $70.89.

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.