Summit Wealth Group LLC Co. Makes New Investment in iShares U.S. Equity Factor ETF $LRGF

Summit Wealth Group LLC Co. acquired a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 31,145 shares of the company’s stock, valued at approximately $2,162,000.

Other hedge funds also recently modified their holdings of the company. EWA LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 38.9% in the 3rd quarter. EWA LLC now owns 706,148 shares of the company’s stock worth $48,781,000 after buying an additional 197,867 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 10.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 550,090 shares of the company’s stock worth $38,000,000 after buying an additional 54,041 shares in the last quarter. Acropolis Investment Management LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 34.7% in the 4th quarter. Acropolis Investment Management LLC now owns 312,356 shares of the company’s stock worth $21,687,000 after buying an additional 80,543 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares U.S. Equity Factor ETF by 10.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 121,440 shares of the company’s stock worth $8,349,000 after buying an additional 11,558 shares in the last quarter. Finally, Compound Planning Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 9.5% in the 3rd quarter. Compound Planning Inc. now owns 801,315 shares of the company’s stock worth $55,355,000 after buying an additional 69,481 shares in the last quarter.

iShares U.S. Equity Factor ETF Trading Down 0.1%

Shares of LRGF opened at $73.74 on Wednesday. iShares U.S. Equity Factor ETF has a 1 year low of $59.75 and a 1 year high of $73.98. The stock has a 50 day simple moving average of $69.08 and a 200-day simple moving average of $69.35. The stock has a market cap of $3.33 billion, a PE 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.