Envestnet Asset Management Inc. Buys 33,558 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 10.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 350,286 shares of the company’s stock after acquiring an additional 33,558 shares during the quarter. Envestnet Asset Management Inc. owned about 0.98% of iShares U.S. Equity Factor ETF worth $19,507,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in LRGF. Hobbs Group Advisors LLC acquired a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at $2,062,000. MONECO Advisors LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at about $879,000. Mather Group LLC. bought a new position in shares of iShares U.S. Equity Factor ETF in the first quarter worth about $115,000. Conrad Siegel Investment Advisors Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF during the 1st quarter worth about $23,331,000. Finally, Physician Wealth Advisors Inc. boosted its stake in iShares U.S. Equity Factor ETF by 2.9% during the 1st quarter. Physician Wealth Advisors Inc. now owns 36,878 shares of the company’s stock valued at $1,901,000 after purchasing an additional 1,035 shares during the period.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF opened at $58.63 on Tuesday. iShares U.S. Equity Factor ETF has a one year low of $41.38 and a one year high of $58.73. The company has a fifty day moving average price of $56.42 and a 200 day moving average price of $54.86. The stock has a market cap of $2.10 billion, a P/E ratio of 21.21 and a beta of 1.02.

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.