NewEdge Advisors LLC Has $1.74 Million Stock Position in iShares U.S. Equity Factor ETF $LRGF

NewEdge Advisors LLC lifted its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 67.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,343 shares of the company’s stock after acquiring an additional 10,582 shares during the period. NewEdge Advisors LLC owned about 0.06% of iShares U.S. Equity Factor ETF worth $1,739,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Services Inc. raised its stake in iShares U.S. Equity Factor ETF by 2.7% during the 4th quarter. Strategic Financial Services Inc. now owns 3,912,625 shares of the company’s stock valued at $272,788,000 after purchasing an additional 104,578 shares during the period. Halbert Hargrove Global Advisors LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 1.9% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock worth $239,348,000 after buying an additional 67,011 shares during the period. Wells Fargo & Company MN grew its holdings in shares of iShares U.S. Equity Factor ETF by 7.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,601,518 shares of the company’s stock valued at $180,623,000 after buying an additional 180,954 shares in the last quarter. Tolleson Wealth Management Inc. grew its holdings in shares of iShares U.S. Equity Factor ETF by 11.4% during the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock valued at $134,655,000 after buying an additional 215,653 shares in the last quarter. Finally, Plancorp LLC raised its position in iShares U.S. Equity Factor ETF by 3.2% during the fourth quarter. Plancorp LLC now owns 1,865,077 shares of the company’s stock valued at $129,492,000 after buying an additional 58,185 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 0.2%

NYSEARCA:LRGF opened at $79.23 on Friday. The business’s fifty day moving average price is $76.06 and its 200 day moving average price is $72.35. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.45.

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.