Parallel Advisors LLC Increases Stock Holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Parallel Advisors LLC increased its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,491 shares of the company’s stock after buying an additional 6,841 shares during the quarter. Parallel Advisors LLC owned 0.27% of iShares U.S. Equity Factor ETF worth $5,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRGF. Synergy Asset Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at about $29,000. Assetmark Inc. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 1,205.3% in the 4th quarter. Assetmark Inc. now owns 1,488 shares of the company’s stock valued at $90,000 after buying an additional 1,374 shares during the period. Principal Securities Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at about $94,000. Flagship Private Wealth LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 10.3% in the 4th quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after buying an additional 405 shares during the period. Finally, JGP Wealth Management LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 5.8% in the 4th quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $283,000 after buying an additional 256 shares during the period.

iShares U.S. Equity Factor ETF Trading Up 0.9 %

NYSEARCA LRGF opened at $58.75 on Tuesday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 22.89 and a beta of 1.00. iShares U.S. Equity Factor ETF has a twelve month low of $50.60 and a twelve month high of $63.98. The stock has a 50-day moving average of $61.51 and a 200 day moving average of $60.53.

iShares U.S. Equity Factor ETF Company 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.