Quantinno Capital Management LP Cuts Stock Position in iShares U.S. Equity Factor ETF $LRGF

Quantinno Capital Management LP trimmed its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 47.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,268 shares of the company’s stock after selling 68,708 shares during the period. Quantinno Capital Management LP owned 0.17% of iShares U.S. Equity Factor ETF worth $5,034,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of LRGF. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter worth about $25,000. Rockefeller Capital Management L.P. lifted its stake in iShares U.S. Equity Factor ETF by 127.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after buying an additional 285 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at about $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares U.S. Equity Factor ETF in the 4th quarter worth about $41,000. Finally, Timmons Wealth Management LLC acquired a new stake in iShares U.S. Equity Factor ETF in the 4th quarter worth about $56,000.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA LRGF opened at $78.13 on Friday. The stock’s 50 day simple moving average is $75.76 and its 200-day simple moving average is $71.97. The company has a market cap of $3.68 billion, a PE ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.06.

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.