XML Financial LLC Makes New $479,000 Investment in iShares U.S. Equity Factor ETF $LRGF

XML Financial LLC acquired a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the 4th quarter, Holdings Channel reports. The fund acquired 6,902 shares of the company’s stock, valued at approximately $479,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Equity Factor ETF in the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new position in iShares U.S. Equity Factor ETF during the fourth quarter valued at $38,000. Key Financial Inc bought a new position in iShares U.S. Equity Factor ETF during the fourth quarter valued at $60,000. International Assets Investment Management LLC purchased a new position in shares of iShares U.S. Equity Factor ETF in the 4th quarter worth $67,000. Finally, Assetmark Inc. grew its stake in shares of iShares U.S. Equity Factor ETF by 19.8% in the 3rd quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock worth $78,000 after buying an additional 186 shares in the last quarter.

iShares U.S. Equity Factor ETF Trading Up 0.3%

Shares of NYSEARCA LRGF opened at $75.04 on Tuesday. iShares U.S. Equity Factor ETF has a 12-month low of $61.32 and a 12-month high of $77.15. The firm’s 50-day moving average price is $72.05 and its 200-day moving average price is $70.11. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99.

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.