Tranquility Partners LLC Sells 1,228 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Tranquility Partners LLC trimmed its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 8.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,843 shares of the company’s stock after selling 1,228 shares during the quarter. Tranquility Partners LLC’s holdings in iShares U.S. Equity Factor ETF were worth $620,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LRGF. ORG Partners LLC raised its stake in shares of iShares U.S. Equity Factor ETF by 171.2% in the fourth quarter. ORG Partners LLC now owns 838 shares of the company’s stock worth $40,000 after buying an additional 529 shares during the period. Sunbelt Securities Inc. bought a new position in shares of iShares U.S. Equity Factor ETF in the first quarter worth about $53,000. BKM Wealth Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter worth about $109,000. Assetmark Inc. raised its stake in shares of iShares U.S. Equity Factor ETF by 19.1% in the third quarter. Assetmark Inc. now owns 2,410 shares of the company’s stock worth $104,000 after buying an additional 386 shares during the period. Finally, FMR LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 10.6% in the third quarter. FMR LLC now owns 2,721 shares of the company’s stock worth $118,000 after buying an additional 260 shares in the last quarter.

iShares U.S. Equity Factor ETF Trading Up 0.1 %

LRGF traded up $0.07 during trading on Thursday, hitting $51.34. 29,570 shares of the company traded hands, compared to its average volume of 163,741. The company has a market cap of $1.79 billion, a PE ratio of 21.66 and a beta of 1.02. The stock’s 50-day simple moving average is $52.38 and its two-hundred day simple moving average is $48.38. iShares U.S. Equity Factor ETF has a 1 year low of $40.44 and a 1 year high of $54.00.

About iShares U.S. Equity Factor ETF

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.