Sterling Investment Counsel LLC Invests $752,000 in iShares U.S. Equity Factor ETF $LRGF

Sterling Investment Counsel LLC purchased a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the third quarter, HoldingsChannel reports. The institutional investor purchased 10,881 shares of the company’s stock, valued at approximately $752,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Financial Services Inc. lifted its stake in iShares U.S. Equity Factor ETF by 2.5% in the 2nd quarter. Strategic Financial Services Inc. now owns 3,821,219 shares of the company’s stock valued at $245,055,000 after purchasing an additional 94,985 shares during the last quarter. Halbert Hargrove Global Advisors LLC grew its position in iShares U.S. Equity Factor ETF by 2.4% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 3,482,847 shares of the company’s stock worth $240,595,000 after acquiring an additional 81,184 shares during the last quarter. Tolleson Wealth Management Inc. grew its position in iShares U.S. Equity Factor ETF by 11.4% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after acquiring an additional 215,653 shares during the last quarter. Plancorp LLC increased its holdings in iShares U.S. Equity Factor ETF by 3.7% in the 3rd quarter. Plancorp LLC now owns 1,806,892 shares of the company’s stock worth $124,820,000 after purchasing an additional 63,979 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in iShares U.S. Equity Factor ETF by 0.5% in the first quarter. Integrated Wealth Concepts LLC now owns 1,112,960 shares of the company’s stock valued at $64,418,000 after purchasing an additional 5,668 shares during the last quarter.

iShares U.S. Equity Factor ETF Trading Down 0.7%

Shares of LRGF stock opened at $69.43 on Friday. The business’s 50-day moving average price is $69.45 and its 200-day moving average price is $67.47. iShares U.S. Equity Factor ETF has a 12 month low of $49.97 and a 12 month high of $71.07. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98.

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