JGP Wealth Management LLC Boosts Holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

JGP Wealth Management LLC boosted its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 5.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,696 shares of the company’s stock after purchasing an additional 256 shares during the quarter. JGP Wealth Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $283,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Equity Factor ETF by 10.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 350,286 shares of the company’s stock valued at $19,507,000 after purchasing an additional 33,558 shares in the last quarter. AlTi Global Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth about $5,930,000. AQR Capital Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth about $818,000. Goodman Advisory Group LLC grew its position in shares of iShares U.S. Equity Factor ETF by 26.6% during the 2nd quarter. Goodman Advisory Group LLC now owns 20,801 shares of the company’s stock valued at $1,158,000 after acquiring an additional 4,376 shares during the period. Finally, Magnolia Capital Advisors LLC grew its position in shares of iShares U.S. Equity Factor ETF by 152.2% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 39,866 shares of the company’s stock valued at $2,220,000 after acquiring an additional 24,059 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 0.0 %

NYSEARCA LRGF opened at $61.28 on Friday. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02. iShares U.S. Equity Factor ETF has a twelve month low of $47.81 and a twelve month high of $63.35. The stock has a 50-day moving average of $61.56 and a 200 day moving average of $58.85.

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.