Cardinal Point Capital Management ULC boosted its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 754,633 shares of the company’s stock after purchasing an additional 17,967 shares during the period. iShares U.S. Equity Factor ETF comprises about 3.2% of Cardinal Point Capital Management ULC’s holdings, making the stock its 7th largest holding. Cardinal Point Capital Management ULC owned about 1.60% of iShares U.S. Equity Factor ETF worth $58,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth $285,121,000. Annex Advisory Services LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth $242,232,000. SigFig Wealth Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth $222,654,000. Conrad Siegel Investment Advisors Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth $39,029,000. Finally, Acropolis Investment Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the 3rd quarter valued at $28,014,000.
iShares U.S. Equity Factor ETF Stock Performance
Shares of LRGF opened at $79.05 on Thursday. iShares U.S. Equity Factor ETF has a 52 week low of $63.89 and a 52 week high of $79.90. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. The stock has a fifty day moving average of $78.46 and a 200-day moving average of $75.83.
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.
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