Evolve Private Wealth LLC Purchases New Stake in iShares U.S. Equity Factor ETF $LRGF

Evolve Private Wealth LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 121,259 shares of the company’s stock, valued at approximately $8,419,000.

A number of other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 7.0% during the fourth quarter. AQR Capital Management LLC now owns 78,506 shares of the company’s stock worth $5,451,000 after purchasing an additional 5,131 shares during the period. Cetera Investment Advisers raised its position in iShares U.S. Equity Factor ETF by 0.9% during the 4th quarter. Cetera Investment Advisers now owns 22,223 shares of the company’s stock valued at $1,543,000 after purchasing an additional 194 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares U.S. Equity Factor ETF by 1.6% in the 4th quarter. Captrust Financial Advisors now owns 91,159 shares of the company’s stock worth $6,329,000 after buying an additional 1,452 shares during the period. Royal Bank of Canada lifted its holdings in iShares U.S. Equity Factor ETF by 5.0% in the 4th quarter. Royal Bank of Canada now owns 102,445 shares of the company’s stock worth $7,113,000 after buying an additional 4,833 shares during the period. Finally, MML Investors Services LLC grew its position in shares of iShares U.S. Equity Factor ETF by 3.8% in the 4th quarter. MML Investors Services LLC now owns 10,927 shares of the company’s stock worth $759,000 after buying an additional 399 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

LRGF opened at $74.96 on Thursday. The stock has a market capitalization of $3.38 billion, a PE ratio of 22.79 and a beta of 0.99. The stock’s 50 day moving average price is $73.35 and its 200-day moving average price is $70.45. iShares U.S. Equity Factor ETF has a 52-week low of $61.32 and a 52-week high of $77.15.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.