iShares U.S. Equity Factor ETF $LRGF Shares Newly Bought by Forte Asset Management LLC

Forte Asset Management LLC bought a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 84,251 shares of the company’s stock, valued at approximately $6,559,000. iShares U.S. Equity Factor ETF makes up approximately 2.6% of Forte Asset Management LLC’s portfolio, making the stock its 10th biggest holding. Forte Asset Management LLC owned 0.18% of iShares U.S. Equity Factor ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its holdings in shares of iShares U.S. Equity Factor ETF by 127.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock worth $35,000 after purchasing an additional 285 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth $222,000. Endeavor Private Wealth Inc. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 6.6% during the second quarter. Endeavor Private Wealth Inc. now owns 3,414 shares of the company’s stock valued at $258,000 after purchasing an additional 210 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of iShares U.S. Equity Factor ETF by 942.8% during the second quarter. IFP Advisors Inc now owns 3,535 shares of the company’s stock valued at $267,000 after purchasing an additional 3,196 shares in the last quarter. Finally, BetterWealth LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the first quarter valued at $248,000.

iShares U.S. Equity Factor ETF Stock Performance

NYSEARCA LRGF opened at $79.55 on Wednesday. iShares U.S. Equity Factor ETF has a one year low of $63.89 and a one year high of $79.90. The stock has a 50-day moving average of $78.46 and a 200 day moving average of $75.27. The company has a market capitalization of $3.75 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98.

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.