Parsons Capital Management Inc. RI Purchases 173 Shares of iShares U.S. Equity Factor ETF $LRGF

Parsons Capital Management Inc. RI lifted its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,835 shares of the company’s stock after purchasing an additional 173 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares U.S. Equity Factor ETF were worth $374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in LRGF. Ameriprise Financial Inc. increased its position in iShares U.S. Equity Factor ETF by 930.7% in the 1st quarter. Ameriprise Financial Inc. now owns 753,740 shares of the company’s stock valued at $43,625,000 after acquiring an additional 680,613 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of iShares U.S. Equity Factor ETF by 467.6% during the first quarter. Jones Financial Companies Lllp now owns 550,697 shares of the company’s stock worth $31,874,000 after purchasing an additional 453,678 shares during the period. Modern Wealth Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF in the first quarter worth $13,975,000. Plancorp LLC increased its holdings in iShares U.S. Equity Factor ETF by 9.4% in the second quarter. Plancorp LLC now owns 1,742,913 shares of the company’s stock valued at $111,773,000 after purchasing an additional 149,079 shares during the period. Finally, Affinity Wealth Management LLC increased its holdings in iShares U.S. Equity Factor ETF by 26.5% in the first quarter. Affinity Wealth Management LLC now owns 653,675 shares of the company’s stock valued at $37,835,000 after purchasing an additional 136,793 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 0.1%

NYSEARCA LRGF opened at $69.30 on Friday. The firm has a market capitalization of $2.96 billion, a PE ratio of 22.79 and a beta of 0.98. The business’s 50-day moving average price is $67.20 and its two-hundred day moving average price is $62.63. iShares U.S. Equity Factor ETF has a 12 month low of $49.97 and a 12 month high of $69.69.

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.