StoneX Group Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 68,656 shares of the company’s stock, valued at approximately $5,345,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in shares of iShares U.S. Equity Factor ETF in the third quarter valued at $26,000. Rockefeller Capital Management L.P. raised its position in shares of iShares U.S. Equity Factor ETF by 127.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after purchasing an additional 285 shares during the period. Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth about $68,000. Latitude Advisors LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth about $70,000. Finally, Barrett & Company Inc. bought a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth about $93,000.
iShares U.S. Equity Factor ETF Stock Performance
Shares of LRGF stock opened at $74.97 on Friday. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. The company has a 50-day simple moving average of $78.18 and a 200 day simple moving average of $74.03. iShares U.S. Equity Factor ETF has a 52 week low of $63.89 and a 52 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.
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