Halbert Hargrove Global Advisors LLC Purchases 3,662,435 Shares of iShares U.S. Equity Factor ETF $LRGF

Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,662,435 shares of the company’s stock, valued at approximately $285,121,000. iShares U.S. Equity Factor ETF accounts for 12.5% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Halbert Hargrove Global Advisors LLC owned 7.77% of iShares U.S. Equity Factor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Evolve Private Wealth LLC acquired a new stake in iShares U.S. Equity Factor ETF in the 4th quarter valued at approximately $8,419,000. Blue Edge Capital LLC bought a new stake in iShares U.S. Equity Factor ETF during the 2nd quarter valued at $11,010,000. BFI Wealth Solutions LLC bought a new stake in iShares U.S. Equity Factor ETF during the 4th quarter valued at $1,974,000. RVW Wealth LLC acquired a new position in iShares U.S. Equity Factor ETF during the 3rd quarter worth $3,469,000. Finally, LifeGoal Investments LLC boosted its position in iShares U.S. Equity Factor ETF by 18.2% during the 2nd quarter. LifeGoal Investments LLC now owns 295,859 shares of the company’s stock worth $22,376,000 after acquiring an additional 45,518 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

Shares of LRGF stock opened at $79.01 on Friday. 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 $3.73 billion, a PE ratio of 22.79 and a beta of 0.98. The stock has a fifty day moving average of $78.48 and a two-hundred day moving average of $75.47.

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.