iShares U.S. Equity Factor ETF $LRGF Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 10.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 550,090 shares of the company’s stock after purchasing an additional 54,041 shares during the period. Envestnet Asset Management Inc. owned about 1.28% of iShares U.S. Equity Factor ETF worth $38,000,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its stake in iShares U.S. Equity Factor ETF by 16.5% during the third quarter. Physician Wealth Advisors Inc. now owns 45,708 shares of the company’s stock valued at $3,158,000 after buying an additional 6,459 shares in the last quarter. Money Concepts Capital Corp acquired a new stake in shares of iShares U.S. Equity Factor ETF during the third quarter valued at approximately $202,000. Jones Financial Companies Lllp lifted its position in shares of iShares U.S. Equity Factor ETF by 10.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 121,440 shares of the company’s stock valued at $8,349,000 after acquiring an additional 11,558 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in iShares U.S. Equity Factor ETF in the 3rd quarter worth approximately $931,000. Finally, Foundations Investment Advisors LLC boosted its stake in iShares U.S. Equity Factor ETF by 5.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 8,836 shares of the company’s stock worth $610,000 after purchasing an additional 443 shares during the period.

iShares U.S. Equity Factor ETF Stock Down 0.3%

Shares of NYSEARCA:LRGF opened at $69.82 on Wednesday. The company’s fifty day moving average is $69.74 and its two-hundred day moving average is $68.64. The company has a market cap of $3.16 billion, a P/E 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 $71.07.

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