Acropolis Investment Management LLC Lowers Stock Holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Acropolis Investment Management LLC trimmed its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 222,479 shares of the company’s stock after selling 6,410 shares during the quarter. iShares U.S. Equity Factor ETF makes up approximately 0.8% of Acropolis Investment Management LLC’s portfolio, making the stock its 22nd biggest holding. Acropolis Investment Management LLC owned approximately 0.62% of iShares U.S. Equity Factor ETF worth $13,075,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LRGF. ORG Partners LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the second quarter worth about $43,000. JGP Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the second quarter worth about $223,000. Columbus Macro LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth approximately $231,000. Sterling Investment Counsel LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the third quarter worth approximately $256,000. Finally, Aptus Capital Advisors LLC increased its position in shares of iShares U.S. Equity Factor ETF by 58.9% in the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock worth $317,000 after purchasing an additional 2,003 shares during the last quarter.

iShares U.S. Equity Factor ETF Trading Up 0.5 %

LRGF stock opened at $62.55 on Friday. The company’s 50 day moving average is $60.03 and its 200 day moving average is $57.32. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02. iShares U.S. Equity Factor ETF has a 1-year low of $45.75 and a 1-year high of $62.67.

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.