BFI Wealth Solutions LLC Takes $1.97 Million Position in iShares U.S. Equity Factor ETF $LRGF

BFI Wealth Solutions LLC purchased a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 28,436 shares of the company’s stock, valued at approximately $1,974,000. iShares U.S. Equity Factor ETF makes up 1.9% of BFI Wealth Solutions LLC’s investment portfolio, making the stock its 15th largest holding. BFI Wealth Solutions LLC owned 0.06% of iShares U.S. Equity Factor ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of LRGF. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Equity Factor ETF during the 4th quarter worth $25,000. Ares Financial Consulting LLC bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at $41,000. Timmons Wealth Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at $56,000. Finally, Key Financial Inc bought a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter worth $60,000.

iShares U.S. Equity Factor ETF Stock Up 0.9%

LRGF stock opened at $75.62 on Friday. iShares U.S. Equity Factor ETF has a twelve month low of $61.32 and a twelve month high of $77.15. The company has a market cap of $3.41 billion, a P/E ratio of 22.79 and a beta of 0.99. The business has a fifty day moving average of $73.53 and a 200-day moving average of $70.49.

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.