Janney Montgomery Scott LLC Decreases Stock Holdings in iShares U.S. Equity Factor ETF $LRGF

Janney Montgomery Scott LLC lowered its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 46.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 7,906 shares of the company’s stock after selling 6,955 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Equity Factor ETF were worth $522,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Corient Private Wealth LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 1,092.7% in the fourth quarter. Corient Private Wealth LLC now owns 1,526,229 shares of the company’s stock worth $105,966,000 after acquiring an additional 1,398,261 shares during the period. Bank of America Corp DE boosted its holdings in iShares U.S. Equity Factor ETF by 146.8% in the second quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock worth $49,391,000 after purchasing an additional 458,079 shares during the last quarter. Tolleson Wealth Management Inc. boosted its holdings in iShares U.S. Equity Factor ETF by 11.4% in the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after purchasing an additional 215,653 shares during the last quarter. Wells Fargo & Company MN grew its position in iShares U.S. Equity Factor ETF by 7.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,601,518 shares of the company’s stock worth $180,623,000 after purchasing an additional 180,954 shares during the period. Finally, Evolve Private Wealth LLC bought a new stake in iShares U.S. Equity Factor ETF in the 4th quarter worth approximately $8,419,000.

iShares U.S. Equity Factor ETF Price Performance

LRGF stock opened at $76.61 on Thursday. iShares U.S. Equity Factor ETF has a 1 year low of $63.89 and a 1 year high of $77.15. The company has a market cap of $3.57 billion, a P/E ratio of 22.79 and a beta of 0.99. The stock’s fifty day moving average price is $75.20 and its 200-day moving average price is $71.27.

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.