World Investment Advisors Has $11.99 Million Stock Position in iShares U.S. Equity Factor ETF $LRGF

World Investment Advisors trimmed its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,712 shares of the company’s stock after selling 8,108 shares during the period. World Investment Advisors owned approximately 0.38% of iShares U.S. Equity Factor ETF worth $11,991,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. AQR Capital Management LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 48.0% in the first quarter. AQR Capital Management LLC now owns 68,668 shares of the company’s stock valued at $3,975,000 after acquiring an additional 22,261 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of iShares U.S. Equity Factor ETF in the first quarter valued at about $2,568,000. Jane Street Group LLC bought a new position in iShares U.S. Equity Factor ETF during the first quarter valued at about $2,041,000. Cerity Partners LLC raised its holdings in iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after acquiring an additional 175 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 2nd quarter worth approximately $376,000.

iShares U.S. Equity Factor ETF Stock Performance

Shares of LRGF stock opened at $71.82 on Tuesday. The firm has a fifty day moving average of $68.16 and a 200-day moving average of $68.98. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 52-week low of $52.73 and a 52-week high of $72.05.

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.