Private Advisor Group LLC Has $1.71 Million Holdings in iShares U.S. Equity Factor ETF $LRGF

Private Advisor Group LLC boosted its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 108.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,966 shares of the company’s stock after purchasing an additional 13,504 shares during the quarter. Private Advisor Group LLC owned 0.06% of iShares U.S. Equity Factor ETF worth $1,714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LRGF. Physician Wealth Advisors Inc. grew its position in iShares U.S. Equity Factor ETF by 3.3% during the first quarter. Physician Wealth Advisors Inc. now owns 49,322 shares of the company’s stock worth $3,255,000 after buying an additional 1,592 shares in the last quarter. BetterWealth LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 1st quarter worth $248,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the first quarter worth $577,000. Foster & Motley Inc. increased its position in shares of iShares U.S. Equity Factor ETF by 7.0% in the first quarter. Foster & Motley Inc. now owns 226,286 shares of the company’s stock worth $14,935,000 after purchasing an additional 14,834 shares during the period. Finally, Halbert Hargrove Global Advisors LLC raised its stake in iShares U.S. Equity Factor ETF by 1.9% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock valued at $239,348,000 after purchasing an additional 67,011 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

LRGF traded up $0.28 on Friday, hitting $76.45. 73,096 shares of the stock were exchanged, compared to its average volume of 234,389. iShares U.S. Equity Factor ETF has a 12 month low of $63.89 and a 12 month high of $77.15. The business has a 50-day moving average of $74.99 and a two-hundred day moving average of $71.13. The firm has a market capitalization of $3.56 billion, a price-to-earnings 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.