Magnolia Capital Advisors LLC Grows Stake in iShares U.S. Equity Factor ETF $LRGF

Magnolia Capital Advisors LLC increased its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 30.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,856 shares of the company’s stock after acquiring an additional 6,515 shares during the period. Magnolia Capital Advisors LLC owned approximately 0.07% of iShares U.S. Equity Factor ETF worth $1,786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in iShares U.S. Equity Factor ETF by 3,714.3% in the first quarter. Smartleaf Asset Management LLC now owns 801 shares of the company’s stock worth $46,000 after acquiring an additional 780 shares in the last quarter. JNBA Financial Advisors bought a new stake in iShares U.S. Equity Factor ETF in the second quarter worth about $104,000. Graves Light Lenhart Wealth Inc. bought a new stake in iShares U.S. Equity Factor ETF in the second quarter worth about $208,000. Columbus Macro LLC bought a new stake in iShares U.S. Equity Factor ETF in the second quarter worth about $266,000. Finally, Assetmark Inc. lifted its stake in iShares U.S. Equity Factor ETF by 223.1% in the first quarter. Assetmark Inc. now owns 4,807 shares of the company’s stock worth $278,000 after purchasing an additional 3,319 shares during the last quarter.

iShares U.S. Equity Factor ETF Price Performance

Shares of NYSEARCA LRGF opened at $70.27 on Tuesday. The company has a market cap of $3.01 billion, a P/E ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 1 year low of $49.97 and a 1 year high of $71.07. The firm has a 50-day simple moving average of $68.57 and a two-hundred day simple moving average of $64.70.

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.