Kestra Investment Management LLC Buys 28,633 Shares of iShares U.S. Equity Factor ETF $LRGF

Kestra Investment Management LLC grew its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 4.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 685,221 shares of the company’s stock after buying an additional 28,633 shares during the quarter. Kestra Investment Management LLC owned 1.45% of iShares U.S. Equity Factor ETF worth $53,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of LRGF. Endeavor Private Wealth Inc. boosted its stake in shares of iShares U.S. Equity Factor ETF by 6.6% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 3,414 shares of the company’s stock worth $258,000 after buying an additional 210 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in iShares U.S. Equity Factor ETF by 127.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after acquiring an additional 285 shares during the last quarter. Triumph Capital Management purchased a new stake in iShares U.S. Equity Factor ETF during the third quarter valued at $26,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in iShares U.S. Equity Factor ETF during the third quarter valued at $68,000. Finally, Latitude Advisors LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter valued at about $70,000.

iShares U.S. Equity Factor ETF Stock Performance

LRGF stock opened at $76.83 on Tuesday. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. The business’s 50-day moving average is $78.15 and its two-hundred day moving average is $74.07. iShares U.S. Equity Factor ETF has a fifty-two week low of $63.89 and a fifty-two week high of $79.90.

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.