Forte Asset Management LLC Buys 84,251 Shares of iShares U.S. Equity Factor ETF $LRGF

Forte Asset Management LLC acquired a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 84,251 shares of the company’s stock, valued at approximately $6,559,000. iShares U.S. Equity Factor ETF comprises 2.6% of Forte Asset Management LLC’s holdings, making the stock its 10th biggest holding.

Several other institutional investors have also recently made changes to their positions in the business. Halbert Hargrove Global Advisors LLC grew its holdings in iShares U.S. Equity Factor ETF by 1.9% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock valued at $239,348,000 after buying an additional 67,011 shares in the last quarter. SigFig Wealth Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter valued at approximately $222,654,000. Annex Advisory Services LLC raised its position in shares of iShares U.S. Equity Factor ETF by 108.5% during the second quarter. Annex Advisory Services LLC now owns 2,839,647 shares of the company’s stock valued at $214,762,000 after buying an additional 1,477,785 shares during the last quarter. Clearwater Capital Advisors LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 5.7% in the first quarter. Clearwater Capital Advisors LLC now owns 1,128,442 shares of the company’s stock worth $74,477,000 after buying an additional 60,478 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 22.7% in the first quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock worth $69,831,000 after buying an additional 194,532 shares in the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

LRGF opened at $79.55 on Wednesday. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. The company has a fifty day moving average of $78.46 and a 200 day moving average of $75.27. iShares U.S. Equity Factor ETF has a fifty-two week low of $63.89 and a fifty-two week high of $79.90.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.