Morse Asset Management Inc Purchases New Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Morse Asset Management Inc purchased a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,664 shares of the company’s stock, valued at approximately $161,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. MONECO Advisors LLC lifted its holdings in iShares U.S. Equity Factor ETF by 0.7% during the 4th quarter. MONECO Advisors LLC now owns 27,342 shares of the company’s stock valued at $1,650,000 after purchasing an additional 179 shares during the last quarter. Cetera Investment Advisers lifted its holdings in iShares U.S. Equity Factor ETF by 0.9% during the 4th quarter. Cetera Investment Advisers now owns 22,479 shares of the company’s stock valued at $1,357,000 after purchasing an additional 204 shares during the last quarter. JGP Wealth Management LLC lifted its holdings in iShares U.S. Equity Factor ETF by 5.8% during the 4th 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. Nova R Wealth Inc. lifted its holdings in iShares U.S. Equity Factor ETF by 0.3% during the 4th quarter. Nova R Wealth Inc. now owns 100,158 shares of the company’s stock valued at $6,045,000 after purchasing an additional 259 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC lifted its holdings in iShares U.S. Equity Factor ETF by 2.5% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 13,432 shares of the company’s stock valued at $811,000 after purchasing an additional 333 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Up 0.8%

Shares of LRGF stock opened at $61.21 on Wednesday. iShares U.S. Equity Factor ETF has a 12-month low of $49.97 and a 12-month high of $63.98. The company has a market capitalization of $2.43 billion, a P/E ratio of 22.94 and a beta of 0.97. The firm has a 50-day moving average price of $57.00 and a 200 day moving average price of $60.05.

About iShares U.S. Equity Factor ETF

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.