Ameriprise Financial Inc. Has $4.42 Million Stock Holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Ameriprise Financial Inc. boosted its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,127 shares of the company’s stock after acquiring an additional 2,664 shares during the period. Ameriprise Financial Inc. owned approximately 0.20% of iShares U.S. Equity Factor ETF worth $4,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LRGF. Synergy Asset Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 4th quarter valued at $29,000. Assetmark Inc. grew 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 acquiring an additional 1,374 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF during the 4th quarter worth about $94,000. Keystone Financial Group acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at approximately $206,000. Finally, Two Sigma Securities LLC acquired a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at $232,000.

iShares U.S. Equity Factor ETF Trading Down 0.5%

LRGF opened at $60.19 on Monday. iShares U.S. Equity Factor ETF has a 1-year low of $49.97 and a 1-year high of $63.98. The company’s 50 day moving average is $57.49 and its 200-day moving average is $60.14. The company has a market cap of $2.39 billion, a P/E ratio of 22.94 and a beta of 0.97.

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.