LPL Financial LLC Sells 3,653 Shares of iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE)

LPL Financial LLC reduced its position in iShares MSCI USA Size Factor ETF (NYSEARCA:SIZE) by 9.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,858 shares of the company’s stock after selling 3,653 shares during the quarter. LPL Financial LLC owned about 1.33% of iShares MSCI USA Size Factor ETF worth $4,156,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SIZE. Citigroup Inc. raised its stake in iShares MSCI USA Size Factor ETF by 146.2% in the fourth quarter. Citigroup Inc. now owns 320 shares of the company’s stock valued at $36,000 after purchasing an additional 190 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in iShares MSCI USA Size Factor ETF in the fourth quarter valued at approximately $55,000. Icon Wealth Partners LLC purchased a new stake in iShares MSCI USA Size Factor ETF in the first quarter valued at approximately $112,000. TKG Advisors LLC raised its stake in iShares MSCI USA Size Factor ETF by 5.9% in the second quarter. TKG Advisors LLC now owns 2,153 shares of the company’s stock valued at $264,000 after purchasing an additional 120 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in iShares MSCI USA Size Factor ETF in the second quarter valued at approximately $298,000.

iShares MSCI USA Size Factor ETF Price Performance

Shares of SIZE opened at $117.04 on Monday. The firm’s 50 day simple moving average is $118.07 and its 200 day simple moving average is $119.62. The company has a market capitalization of $298.45 million, a P/E ratio of 15.16 and a beta of 1.06. iShares MSCI USA Size Factor ETF has a 1-year low of $109.52 and a 1-year high of $128.30.

About iShares MSCI USA Size Factor ETF

The iShares MSCI USA Size Factor ETF (SIZE) is an exchange-traded fund that is based on the MSCI USA Low Size index. The fund tracks an index of large- and mid-cap US stocks. Holdings are weighted by the inverse natural logarithm of their market capitalization. SIZE was launched on Apr 16, 2013 and is managed by BlackRock.