Kestra Advisory Services LLC Purchases 71,789 Shares of iShares U.S. Equity Factor ETF $LRGF

Kestra Advisory Services LLC acquired a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 71,789 shares of the company’s stock, valued at approximately $5,589,000.

A number of other large investors have also recently made changes to their positions in LRGF. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares U.S. Equity Factor ETF in the third quarter worth approximately $285,121,000. Annex Advisory Services LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter valued at about $242,232,000. SigFig Wealth Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at about $222,654,000. Clearwater Capital Advisors LLC increased its position in shares of iShares U.S. Equity Factor ETF by 5.7% during the 1st quarter. Clearwater Capital Advisors LLC now owns 1,128,442 shares of the company’s stock valued at $74,477,000 after purchasing an additional 60,478 shares during the last quarter. Finally, Modern Wealth Management LLC increased its position in shares of iShares U.S. Equity Factor ETF by 22.7% during the 1st quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock valued at $69,831,000 after purchasing an additional 194,532 shares during the last quarter.

iShares U.S. Equity Factor ETF Trading Down 0.4%

LRGF opened at $77.19 on Friday. The company’s 50 day moving average is $78.09 and its 200 day moving average is $74.18. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 22.17 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 12-month low of $63.89 and a 12-month 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.