Parallel Advisors LLC Boosts Stock Position in iShares U.S. Equity Factor ETF $LRGF

Parallel Advisors LLC boosted its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 20.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,962 shares of the company’s stock after buying an additional 24,516 shares during the period. Parallel Advisors LLC’s holdings in iShares U.S. Equity Factor ETF were worth $10,083,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in iShares U.S. Equity Factor ETF by 48.0% in the first quarter. AQR Capital Management LLC now owns 68,668 shares of the company’s stock worth $3,975,000 after acquiring an additional 22,261 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of iShares U.S. Equity Factor ETF during the first quarter valued at $2,568,000. Jane Street Group LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the first quarter valued at $2,041,000. Bryn Mawr Trust Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor ETF in the 2nd quarter worth about $240,000. Finally, Vise Technologies Inc. purchased a new position in shares of iShares U.S. Equity Factor ETF in the 2nd quarter worth about $3,597,000.

iShares U.S. Equity Factor ETF Price Performance

Shares of iShares U.S. Equity Factor ETF stock opened at $68.05 on Friday. iShares U.S. Equity Factor ETF has a 1 year low of $49.97 and a 1 year high of $71.07. The firm’s 50-day moving average is $69.49 and its 200 day moving average is $69.01. The stock has a market cap of $3.08 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.