Northwestern Mutual Wealth Management Co. Acquires 31,073 Shares of iShares U.S. Equity Factor ETF $LRGF

Northwestern Mutual Wealth Management Co. lifted its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 12.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 280,140 shares of the company’s stock after purchasing an additional 31,073 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Equity Factor ETF were worth $19,450,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in LRGF. Bank of America Corp DE lifted its stake in shares of iShares U.S. Equity Factor ETF by 146.8% in the 2nd quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock worth $49,391,000 after purchasing an additional 458,079 shares during the period. Modern Wealth Management LLC lifted its stake in shares of iShares U.S. Equity Factor ETF by 111.2% in the 3rd quarter. Modern Wealth Management LLC now owns 648,941 shares of the company’s stock worth $44,829,000 after purchasing an additional 341,720 shares during the period. Tolleson Wealth Management Inc. lifted its stake in shares of iShares U.S. Equity Factor ETF by 11.4% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after purchasing an additional 215,653 shares during the period. DDFG Inc lifted its stake in shares of iShares U.S. Equity Factor ETF by 63.5% in the 3rd quarter. DDFG Inc now owns 357,774 shares of the company’s stock worth $24,715,000 after purchasing an additional 138,925 shares during the period. Finally, Vestmark Advisory Solutions Inc. bought a new position in shares of iShares U.S. Equity Factor ETF in the 3rd quarter worth approximately $8,245,000.

iShares U.S. Equity Factor ETF Stock Performance

iShares U.S. Equity Factor ETF stock opened at $76.47 on Monday. The firm has a 50 day moving average of $70.84 and a 200 day moving average of $69.80. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 12-month low of $60.61 and a 12-month high of $76.60.

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.