Kestra Investment Management LLC Raises Holdings in iShares U.S. Equity Factor ETF $LRGF

Kestra Investment Management LLC increased its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 8.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 569,266 shares of the company’s stock after buying an additional 42,902 shares during the quarter. Kestra Investment Management LLC’s holdings in iShares U.S. Equity Factor ETF were worth $39,524,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in LRGF. AQR Capital Management LLC raised its position in iShares U.S. Equity Factor ETF by 48.0% in the first quarter. AQR Capital Management LLC now owns 68,668 shares of the company’s stock valued at $3,975,000 after purchasing an additional 22,261 shares during the period. Goldman Sachs Group Inc. purchased a new position in iShares U.S. Equity Factor ETF in the first quarter valued at about $2,568,000. Jane Street Group LLC purchased a new position in iShares U.S. Equity Factor ETF in the first quarter valued at about $2,041,000. Cerity Partners LLC raised its position in iShares U.S. Equity Factor ETF by 0.3% in the second quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after purchasing an additional 175 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $376,000.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF opened at $75.02 on Tuesday. The business’s 50-day moving average is $70.14 and its two-hundred day moving average is $69.61. iShares U.S. Equity Factor ETF has a 12 month low of $59.75 and a 12 month high of $75.26. The firm has a market capitalization of $3.39 billion, a PE ratio of 22.79 and a beta of 0.98.

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.