iShares U.S. Equity Factor ETF $LRGF Shares Newly Acquired by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC purchased a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,662,435 shares of the company’s stock, valued at approximately $285,121,000. iShares U.S. Equity Factor ETF accounts for 12.5% of Halbert Hargrove Global Advisors LLC’s portfolio, making the stock its 2nd largest holding. Halbert Hargrove Global Advisors LLC owned 0.08% of iShares U.S. Equity Factor ETF as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. SigFig Wealth Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF in the third quarter valued at approximately $222,654,000. Annex Advisory Services LLC increased its stake in shares of iShares U.S. Equity Factor ETF by 108.5% during the second quarter. Annex Advisory Services LLC now owns 2,839,647 shares of the company’s stock valued at $214,762,000 after acquiring an additional 1,477,785 shares during the period. Clearwater Capital Advisors LLC increased its stake in shares of iShares U.S. Equity Factor ETF by 5.7% during the first quarter. Clearwater Capital Advisors LLC now owns 1,128,442 shares of the company’s stock valued at $74,477,000 after acquiring an additional 60,478 shares during the period. Modern Wealth Management LLC raised its holdings in iShares U.S. Equity Factor ETF by 22.7% during the first quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock worth $69,831,000 after purchasing an additional 194,532 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares U.S. Equity Factor ETF by 6.1% during the second quarter. Envestnet Asset Management Inc. now owns 698,956 shares of the company’s stock worth $52,862,000 after purchasing an additional 40,370 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

LRGF opened at $79.01 on Friday. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 1-year low of $63.89 and a 1-year high of $79.90. The business has a 50 day moving average price of $78.48 and a two-hundred day moving average price of $75.47.

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.