iShares U.S. Equity Factor ETF $LRGF Shares Acquired by Nova R Wealth Inc.

Nova R Wealth Inc. increased its holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 100,637 shares of the company’s stock after buying an additional 258 shares during the period. iShares U.S. Equity Factor ETF makes up about 3.0% of Nova R Wealth Inc.’s portfolio, making the stock its 12th largest holding. Nova R Wealth Inc.’s holdings in iShares U.S. Equity Factor ETF were worth $6,454,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LRGF. Conrad Siegel Investment Advisors Inc. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 2.1% in the 1st quarter. Conrad Siegel Investment Advisors Inc. now owns 411,094 shares of the company’s stock valued at $23,794,000 after buying an additional 8,520 shares during the period. JGP Wealth Management LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 15.7% in the 1st quarter. JGP Wealth Management LLC now owns 5,435 shares of the company’s stock valued at $315,000 after buying an additional 739 shares during the period. Merit Financial Group LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 140.0% in the 1st quarter. Merit Financial Group LLC now owns 13,897 shares of the company’s stock valued at $804,000 after buying an additional 8,106 shares during the period. Planned Solutions Inc. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 9.1% in the 1st quarter. Planned Solutions Inc. now owns 18,952 shares of the company’s stock valued at $1,097,000 after buying an additional 1,588 shares during the period. Finally, Affinity Wealth Management LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 26.5% in the 1st quarter. Affinity Wealth Management LLC now owns 653,675 shares of the company’s stock valued at $37,835,000 after buying an additional 136,793 shares during the period.

iShares U.S. Equity Factor ETF Stock Up 0.6%

Shares of NYSEARCA:LRGF opened at $68.75 on Monday. The company has a market cap of $2.83 billion, a PE ratio of 22.79 and a beta of 0.98. The company’s 50-day moving average price is $66.83 and its 200 day moving average price is $62.31. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $69.31.

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.