Kestra Advisory Services LLC Increases Holdings in iShares U.S. Equity Factor ETF $LRGF

Kestra Advisory Services LLC increased its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 57.1% during the 1st quarter, Holdings Channel reports. The firm owned 18,366 shares of the company’s stock after acquiring an additional 6,679 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares U.S. Equity Factor ETF were worth $1,212,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LRGF. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Equity Factor ETF during the 4th quarter valued at $25,000. Rockefeller Capital Management L.P. increased its stake in shares of iShares U.S. Equity Factor ETF by 127.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after buying an additional 285 shares during the period. Ares Financial Consulting LLC bought a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at about $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at about $41,000. Finally, Timmons Wealth Management LLC purchased a new stake in iShares U.S. Equity Factor ETF in the fourth quarter worth about $56,000.

iShares U.S. Equity Factor ETF Price Performance

Shares of iShares U.S. Equity Factor ETF stock opened at $76.11 on Thursday. iShares U.S. Equity Factor ETF has a 1 year low of $63.89 and a 1 year high of $77.15. The firm’s 50-day moving average is $75.42 and its two-hundred day moving average is $71.48. The stock has a market cap 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.