3,127 Shares in iShares U.S. Equity Factor ETF $LRGF Purchased by GDS Wealth Management

GDS Wealth Management acquired a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the second quarter, HoldingsChannel reports. The fund acquired 3,127 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of iShares U.S. Equity Factor ETF by 26.9% during the first quarter. LPL Financial LLC now owns 218,801 shares of the company’s stock worth $12,664,000 after purchasing an additional 46,421 shares in the last quarter. JNBA Financial Advisors acquired a new stake in shares of iShares U.S. Equity Factor ETF in the second quarter valued at approximately $104,000. Cora Capital Advisors LLC raised its position in iShares U.S. Equity Factor ETF by 0.5% in the 2nd quarter. Cora Capital Advisors LLC now owns 485,100 shares of the company’s stock worth $31,109,000 after purchasing an additional 2,295 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in iShares U.S. Equity Factor ETF during the 2nd quarter worth $538,000. Finally, Modern Wealth Management LLC acquired a new position in iShares U.S. Equity Factor ETF during the 1st quarter worth $13,975,000.

iShares U.S. Equity Factor ETF Stock Performance

NYSEARCA LRGF opened at $66.58 on Friday. The stock has a fifty day moving average of $68.99 and a 200-day moving average of $65.69. The stock has a market capitalization of $2.85 billion, a P/E ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 52 week low of $49.97 and a 52 week high of $71.07.

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.