iShares U.S. Equity Factor ETF $LRGF Position Increased by Modern Wealth Management LLC

Modern Wealth Management LLC boosted its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 19.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 287,401 shares of the company’s stock after buying an additional 45,960 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $18,431,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Parsons Capital Management Inc. RI boosted its stake in shares of iShares U.S. Equity Factor ETF by 3.1% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 5,835 shares of the company’s stock worth $374,000 after acquiring an additional 173 shares in the last quarter. Cerity Partners LLC raised its position in shares of iShares U.S. Equity Factor ETF by 0.3% during the second quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock worth $3,273,000 after purchasing an additional 175 shares during the period. Planned Solutions Inc. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 1.2% during the second quarter. Planned Solutions Inc. now owns 19,185 shares of the company’s stock valued at $1,230,000 after purchasing an additional 233 shares during the last quarter. CWM LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. CWM LLC now owns 93,533 shares of the company’s stock valued at $5,998,000 after purchasing an additional 249 shares during the period. Finally, Nova R Wealth Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Nova R Wealth Inc. now owns 100,637 shares of the company’s stock valued at $6,454,000 after purchasing an additional 258 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 1.1%

NYSEARCA LRGF opened at $69.70 on Friday. The stock’s 50-day moving average price is $69.18 and its two-hundred day moving average price is $66.71. The company has a market cap of $2.99 billion, a PE 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.

iShares U.S. Equity Factor ETF Company 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.