Conrad Siegel Investment Advisors Inc. Purchases New Stake in iShares U.S. Equity Factor ETF $LRGF

Conrad Siegel Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 501,340 shares of the company’s stock, valued at approximately $39,029,000. iShares U.S. Equity Factor ETF makes up approximately 6.3% of Conrad Siegel Investment Advisors Inc.’s holdings, making the stock its 4th largest holding.

Other large investors also recently made changes to their positions in the company. SigFig Wealth Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at $222,654,000. RVW Wealth LLC acquired a new stake in iShares U.S. Equity Factor ETF in the 3rd quarter valued at $3,469,000. Versant Capital Management Inc acquired a new stake in iShares U.S. Equity Factor ETF in the 3rd quarter valued at $627,000. Stonebridge Financial Group LLC raised its position in iShares U.S. Equity Factor ETF by 1.7% in the third quarter. Stonebridge Financial Group LLC now owns 218,606 shares of the company’s stock valued at $17,018,000 after purchasing an additional 3,679 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in iShares U.S. Equity Factor ETF by 6.1% in the second quarter. Envestnet Asset Management Inc. now owns 698,956 shares of the company’s stock valued at $52,862,000 after purchasing an additional 40,370 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 0.3%

Shares of LRGF traded down $0.22 during midday trading on Thursday, reaching $79.15. 139,222 shares of the company were exchanged, compared to its average volume of 210,546. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.90. The stock has a 50-day moving average price of $78.31 and a 200-day moving average price of $74.99. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98.

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.