Hershey Financial Advisers LLC Invests $1.61 Million in iShares U.S. Equity Factor ETF $LRGF

Hershey Financial Advisers LLC purchased a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 25,141 shares of the company’s stock, valued at approximately $1,612,000. iShares U.S. Equity Factor ETF accounts for about 1.4% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 28th largest holding. Hershey Financial Advisers LLC owned approximately 0.06% of iShares U.S. Equity Factor ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Ameriprise Financial Inc. raised its holdings in iShares U.S. Equity Factor ETF by 930.7% during the 1st quarter. Ameriprise Financial Inc. now owns 753,740 shares of the company’s stock valued at $43,625,000 after acquiring an additional 680,613 shares during the period. Bank of America Corp DE grew its holdings in iShares U.S. Equity Factor ETF by 146.8% during the 2nd quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock valued at $49,391,000 after buying an additional 458,079 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares U.S. Equity Factor ETF by 467.6% during the first quarter. Jones Financial Companies Lllp now owns 550,697 shares of the company’s stock valued at $31,874,000 after buying an additional 453,678 shares during the period. Modern Wealth Management LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF in the first quarter worth about $13,975,000. Finally, Tolleson Wealth Management Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 11.4% in the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock valued at $134,655,000 after acquiring an additional 215,653 shares during the period.

iShares U.S. Equity Factor ETF Trading Down 1.1%

Shares of NYSEARCA:LRGF opened at $69.70 on Friday. iShares U.S. Equity Factor ETF has a 12 month low of $49.97 and a 12 month high of $71.07. The stock has a market cap of $2.99 billion, a P/E ratio of 22.79 and a beta of 0.98. The company has a 50 day moving average of $69.18 and a 200 day moving average of $66.74.

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.