Acropolis Investment Management LLC Buys 80,543 Shares of iShares U.S. Equity Factor ETF $LRGF

Acropolis Investment Management LLC boosted its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 34.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 312,356 shares of the company’s stock after acquiring an additional 80,543 shares during the period. iShares U.S. Equity Factor ETF accounts for about 1.0% of Acropolis Investment Management LLC’s holdings, making the stock its 21st biggest position. Acropolis Investment Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $21,687,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in LRGF. First Foundation Advisors increased its holdings in shares of iShares U.S. Equity Factor ETF by 0.9% during the third quarter. First Foundation Advisors now owns 17,799 shares of the company’s stock valued at $1,230,000 after acquiring an additional 167 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock worth $3,273,000 after acquiring an additional 175 shares during the last quarter. Assetmark Inc. lifted its position in 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 valued at $78,000 after acquiring an additional 186 shares in the last quarter. Advisory Services Network LLC lifted its position in iShares U.S. Equity Factor ETF by 1.7% in the 3rd quarter. Advisory Services Network LLC now owns 17,080 shares of the company’s stock valued at $1,180,000 after acquiring an additional 282 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in iShares U.S. Equity Factor ETF by 5.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 8,836 shares of the company’s stock worth $610,000 after purchasing an additional 443 shares in the last quarter.

iShares U.S. Equity Factor ETF Stock Down 1.5%

Shares of iShares U.S. Equity Factor ETF stock opened at $64.45 on Friday. iShares U.S. Equity Factor ETF has a 52 week low of $49.97 and a 52 week high of $71.07. The business has a 50 day moving average price of $68.53 and a 200-day moving average price of $69.01. The company has a market cap of $2.92 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.