Envestnet Asset Management Inc. Buys 34,818 Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Envestnet Asset Management Inc. raised its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 8.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 451,364 shares of the company’s stock after buying an additional 34,818 shares during the period. Envestnet Asset Management Inc. owned about 1.15% of iShares U.S. Equity Factor ETF worth $26,125,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LRGF. Halbert Hargrove Global Advisors LLC grew its holdings in iShares U.S. Equity Factor ETF by 1.2% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,390,727 shares of the company’s stock worth $196,255,000 after acquiring an additional 41,212 shares during the last quarter. Wells Fargo & Company MN grew its holdings in iShares U.S. Equity Factor ETF by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,850,538 shares of the company’s stock worth $111,680,000 after acquiring an additional 57,157 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Equity Factor ETF by 128.5% in the 4th quarter. JPMorgan Chase & Co. now owns 1,514,134 shares of the company’s stock worth $91,378,000 after acquiring an additional 851,586 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares U.S. Equity Factor ETF by 51.4% in the 4th quarter. Integrated Wealth Concepts LLC now owns 1,107,292 shares of the company’s stock worth $66,825,000 after acquiring an additional 376,160 shares during the last quarter. Finally, Clearwater Capital Advisors LLC grew its holdings in iShares U.S. Equity Factor ETF by 0.3% in the 4th quarter. Clearwater Capital Advisors LLC now owns 1,034,725 shares of the company’s stock worth $62,446,000 after acquiring an additional 2,727 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Up 0.2%

Shares of iShares U.S. Equity Factor ETF stock opened at $64.68 on Tuesday. The firm has a market cap of $2.63 billion, a PE ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 12-month low of $49.97 and a 12-month high of $65.06. The company’s fifty day simple moving average is $62.12 and its two-hundred day simple moving average is $60.37.

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.