Moneco Advisors LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,914 shares of the company’s stock, valued at approximately $1,395,000.
Several other large investors have also modified their holdings of LRGF. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Equity Factor ETF by 6.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 698,956 shares of the company’s stock worth $52,862,000 after acquiring an additional 40,370 shares during the last quarter. Blue Edge Capital LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter worth $11,010,000. RVW Wealth LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter worth $3,469,000. Family Capital Trust Co purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter valued at $4,715,000. Finally, Sterling Investment Counsel LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter valued at $964,000.
iShares U.S. Equity Factor ETF Stock Up 1.3%
NYSEARCA:LRGF opened at $77.50 on Thursday. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.90. The firm has a market capitalization of $3.69 billion, a price-to-earnings ratio of 22.17 and a beta of 0.99. The stock has a fifty day simple moving average of $78.11 and a 200 day simple moving average of $74.15.
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.
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