ShoreHaven Wealth Partners LLC Makes New $5.61 Million Investment in iShares U.S. Equity Factor ETF $LRGF

ShoreHaven Wealth Partners LLC purchased a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 72,041 shares of the company’s stock, valued at approximately $5,608,000. iShares U.S. Equity Factor ETF makes up about 1.7% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 18th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Triumph Capital Management acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 3rd quarter worth $26,000. Rockefeller Capital Management L.P. grew its stake in iShares U.S. Equity Factor ETF by 127.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock worth $35,000 after buying an additional 285 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares U.S. Equity Factor ETF during the 2nd quarter worth $222,000. BetterWealth LLC acquired a new position in iShares U.S. Equity Factor ETF during the 1st quarter valued at about $248,000. Finally, Endeavor Private Wealth Inc. increased its position in iShares U.S. Equity Factor ETF by 6.6% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 3,414 shares of the company’s stock valued at $258,000 after buying an additional 210 shares in the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

iShares U.S. Equity Factor ETF stock opened at $78.00 on Friday. The stock has a 50-day moving average of $78.46 and a two-hundred day moving average of $75.49. 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 market cap of $3.68 billion, a PE 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.