Plancorp LLC Acquires New Stake in iShares U.S. Equity Factor ETF $LRGF

Plancorp LLC bought a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,193,303 shares of the company’s stock, valued at approximately $168,906,000. iShares U.S. Equity Factor ETF comprises about 3.8% of Plancorp LLC’s portfolio, making the stock its 8th biggest holding. Plancorp LLC owned approximately 4.64% of iShares U.S. Equity Factor ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor ETF in the third quarter valued at approximately $285,121,000. Annex Advisory Services LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $242,232,000. SigFig Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $222,654,000. Ullmann Wealth Partners Group LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $87,010,000. Finally, Conrad Siegel Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $39,029,000.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA LRGF traded up $0.26 during mid-day trading on Friday, hitting $74.97. The stock had a trading volume of 269,555 shares, compared to its average volume of 209,311. The firm’s 50 day moving average is $78.18 and its 200 day moving average is $74.03. iShares U.S. Equity Factor ETF has a twelve month low of $63.89 and a twelve month high of $79.90. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.