GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) during the third quarter, Holdings Channel reports. The firm bought 40,168 shares of the company’s stock, valued at approximately $3,127,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its position in iShares U.S. Equity Factor ETF by 6.1% in the second 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 period. Blue Edge Capital LLC purchased a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $11,010,000. RVW Wealth LLC purchased a new position in iShares U.S. Equity Factor ETF in the third quarter valued at about $3,469,000. LifeGoal Investments LLC grew its position in shares of 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 valued at $22,376,000 after acquiring an additional 45,518 shares during the period. Finally, ShoreHaven Wealth Partners LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at approximately $5,608,000.
iShares U.S. Equity Factor ETF Stock Up 0.5%
Shares of LRGF stock opened at $76.95 on Wednesday. The company has a 50 day moving average of $78.33 and a 200-day moving average of $73.93. iShares U.S. Equity Factor ETF has a 12-month low of $63.89 and a 12-month high of $79.90. The firm has a market cap of $3.64 billion, a P/E ratio of 22.79 and a beta of 0.99.
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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Want to see what other hedge funds are holding LRGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report).
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