Cardinal Point Capital Management ULC Raises Holdings in iShares U.S. Equity Factor ETF $LRGF

Cardinal Point Capital Management ULC increased its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 722,756 shares of the company’s stock after purchasing an additional 25,142 shares during the period. iShares U.S. Equity Factor ETF accounts for about 3.5% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its 7th largest holding. Cardinal Point Capital Management ULC’s holdings in iShares U.S. Equity Factor ETF were worth $49,422,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after acquiring an additional 175 shares during the last quarter. Planned Solutions Inc. boosted its stake in iShares U.S. Equity Factor ETF by 1.2% in the 2nd quarter. Planned Solutions Inc. now owns 19,185 shares of the company’s stock worth $1,230,000 after purchasing an additional 233 shares during the period. CWM LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 0.3% in the second quarter. CWM LLC now owns 93,533 shares of the company’s stock worth $5,998,000 after buying an additional 249 shares during the period. JGP Wealth Management LLC boosted its position in iShares U.S. Equity Factor ETF by 7.5% during the 2nd quarter. JGP Wealth Management LLC now owns 5,840 shares of the company’s stock worth $375,000 after acquiring an additional 405 shares during the period. Finally, Foundations Investment Advisors LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 5.3% during the third quarter. Foundations Investment Advisors LLC now owns 8,836 shares of the company’s stock worth $610,000 after purchasing an additional 443 shares during the period.

iShares U.S. Equity Factor ETF Trading Up 2.4%

Shares of NYSEARCA:LRGF opened at $69.72 on Monday. The firm has a market cap of $3.16 billion, a price-to-earnings 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 business has a fifty day simple moving average of $69.72 and a 200 day simple moving average of $68.58.

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.