Foster & Motley Inc. raised its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) by 7.0% in the first quarter, Holdings Channel reports. The institutional investor owned 226,286 shares of the company’s stock after buying an additional 14,834 shares during the quarter. iShares U.S. Equity Factor ETF accounts for about 0.8% of Foster & Motley Inc.’s holdings, making the stock its 24th biggest position. Foster & Motley Inc.’s holdings in iShares U.S. Equity Factor ETF were worth $14,935,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in LRGF. Strategic Financial Services Inc. raised its holdings in iShares U.S. Equity Factor ETF by 2.7% in the 4th quarter. Strategic Financial Services Inc. now owns 3,912,625 shares of the company’s stock worth $272,788,000 after acquiring an additional 104,578 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its position in iShares U.S. Equity Factor ETF by 1.9% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock valued at $239,348,000 after acquiring an additional 67,011 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares U.S. Equity Factor ETF by 7.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,601,518 shares of the company’s stock valued at $180,623,000 after purchasing an additional 180,954 shares during the last quarter. SigFig Wealth Management LLC boosted its stake in iShares U.S. Equity Factor ETF by 1.6% during the 4th quarter. SigFig Wealth Management LLC now owns 2,529,572 shares of the company’s stock valued at $175,628,000 after purchasing an additional 40,949 shares during the last quarter. Finally, Tolleson Wealth Management Inc. boosted its stake in iShares U.S. Equity Factor ETF by 11.4% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock valued at $134,655,000 after purchasing an additional 215,653 shares during the last quarter.
iShares U.S. Equity Factor ETF Price Performance
LRGF stock opened at $74.36 on Friday. iShares U.S. Equity Factor ETF has a 1-year low of $63.03 and a 1-year high of $77.15. The business has a fifty day moving average price of $74.10 and a 200-day moving average price of $70.68. The stock has a market capitalization of $3.36 billion, a P/E ratio of 22.79 and a beta of 0.99.
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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.
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