Bank of America Corp DE Trims Stock Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Bank of America Corp DE lessened its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 376,515 shares of the company’s stock after selling 1,880 shares during the quarter. Bank of America Corp DE owned 1.05% of iShares U.S. Equity Factor ETF worth $22,723,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LRGF. Synergy Asset Management LLC purchased a new position in shares of iShares U.S. Equity Factor ETF during the 4th quarter valued at approximately $29,000. Assetmark Inc. grew its position in iShares U.S. Equity Factor ETF by 1,205.3% during the fourth quarter. Assetmark Inc. now owns 1,488 shares of the company’s stock valued at $90,000 after buying an additional 1,374 shares during the period. Principal Securities Inc. purchased a new position in iShares U.S. Equity Factor ETF in the fourth quarter valued at $94,000. Keystone Financial Group acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter worth about $206,000. Finally, Two Sigma Securities LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter worth about $232,000.

iShares U.S. Equity Factor ETF Stock Up 0.7%

Shares of iShares U.S. Equity Factor ETF stock opened at $61.86 on Monday. iShares U.S. Equity Factor ETF has a twelve month low of $49.97 and a twelve month high of $63.98. The business has a 50-day moving average price of $57.19 and a 200 day moving average price of $60.10. The firm has a market cap of $2.46 billion, a PE ratio of 22.94 and a beta of 0.97.

iShares U.S. Equity Factor ETF Company 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.