NewEdge Advisors LLC raised its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) by 67.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 26,343 shares of the company’s stock after purchasing an additional 10,582 shares during the period. NewEdge Advisors LLC’s holdings in iShares U.S. Equity Factor ETF were worth $1,739,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. AQR Capital Management LLC increased its stake in shares of iShares U.S. Equity Factor ETF by 48.0% in the first quarter. AQR Capital Management LLC now owns 68,668 shares of the company’s stock worth $3,975,000 after acquiring an additional 22,261 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in iShares U.S. Equity Factor ETF during the first quarter valued at $2,568,000. Jane Street Group LLC purchased a new position in iShares U.S. Equity Factor ETF in the first quarter valued at about $2,041,000. Cerity Partners LLC grew its stake in iShares U.S. Equity Factor ETF by 0.3% in the second quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after purchasing an additional 175 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $376,000.
iShares U.S. Equity Factor ETF Price Performance
Shares of LRGF stock opened at $79.23 on Friday. iShares U.S. Equity Factor ETF has a fifty-two week low of $63.89 and a fifty-two week high of $79.45. The stock’s 50-day moving average is $76.06 and its two-hundred day moving average is $72.35. The firm has a market cap of $3.73 billion, a P/E ratio of 22.79 and a beta of 0.99.
iShares U.S. Equity Factor ETF Company 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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.
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