Sterneck Capital Management LLC Has $6.01 Million Holdings in iShares U.S. Equity Factor ETF $LRGF

Sterneck Capital Management LLC reduced its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 93,636 shares of the company’s stock after selling 178 shares during the period. iShares U.S. Equity Factor ETF comprises 3.0% of Sterneck Capital Management LLC’s investment portfolio, making the stock its 8th biggest position. Sterneck Capital Management LLC owned approximately 0.23% of iShares U.S. Equity Factor ETF worth $6,005,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Plancorp LLC grew its position in shares of iShares U.S. Equity Factor ETF by 9.4% during the 2nd quarter. Plancorp LLC now owns 1,742,913 shares of the company’s stock valued at $111,773,000 after acquiring an additional 149,079 shares during the period. Cora Capital Advisors LLC grew its position in shares of iShares U.S. Equity Factor ETF by 0.5% during the 2nd quarter. Cora Capital Advisors LLC now owns 485,100 shares of the company’s stock valued at $31,109,000 after acquiring an additional 2,295 shares during the period. Acropolis Investment Management LLC grew its position in shares of iShares U.S. Equity Factor ETF by 10.6% during the 2nd quarter. Acropolis Investment Management LLC now owns 229,860 shares of the company’s stock valued at $14,741,000 after acquiring an additional 21,991 shares during the period. Physician Wealth Advisors Inc. grew its position in shares of iShares U.S. Equity Factor ETF by 2.4% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 39,249 shares of the company’s stock valued at $2,517,000 after acquiring an additional 925 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of iShares U.S. Equity Factor ETF by 1.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 85,928 shares of the company’s stock valued at $5,511,000 after acquiring an additional 887 shares during the period.

iShares U.S. Equity Factor ETF Trading Up 0.6%

LRGF opened at $68.75 on Friday. The company has a 50 day moving average of $66.83 and a 200 day moving average of $62.27. The company has a market cap of $2.83 billion, a PE ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 12 month low of $49.97 and a 12 month high of $69.31.

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.