MONECO Advisors LLC Has $1.65 Million Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

MONECO Advisors LLC raised its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,342 shares of the company’s stock after purchasing an additional 179 shares during the period. MONECO Advisors LLC’s holdings in iShares U.S. Equity Factor ETF were worth $1,650,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at $29,000. Principal Securities Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at $94,000. Flagship Private Wealth LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 10.3% in the fourth quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after purchasing an additional 405 shares during the last quarter. JGP Wealth Management LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 5.8% in the fourth quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $283,000 after purchasing an additional 256 shares during the last quarter. Finally, Aptus Capital Advisors LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 58.9% in the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock valued at $317,000 after purchasing an additional 2,003 shares during the last quarter.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF opened at $62.39 on Friday. The firm’s fifty day moving average price is $61.94 and its two-hundred day moving average price is $60.11. The company has a market cap of $2.23 billion, a P/E ratio of 21.21 and a beta of 1.02. iShares U.S. Equity Factor ETF has a one year low of $50.60 and a one year high of $63.98.

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.