Tcfg Wealth Management LLC Purchases New Position in iShares U.S. Equity Factor ETF $LRGF

Tcfg Wealth Management LLC purchased a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the third quarter, Holdings Channel reports. The firm purchased 10,386 shares of the company’s stock, valued at approximately $717,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mather Group LLC. acquired a new stake in shares of iShares U.S. Equity Factor ETF in the 3rd quarter valued at $53,000. Assetmark Inc. lifted its holdings in iShares U.S. Equity Factor ETF by 19.8% during the 3rd quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock valued at $78,000 after purchasing an additional 186 shares during the last quarter. Goodman Advisory Group LLC bought a new position in iShares U.S. Equity Factor ETF during the 2nd quarter valued at about $168,000. Keystone Financial Group acquired a new position in iShares U.S. Equity Factor ETF in the third quarter valued at about $168,000. Finally, GDS Wealth Management acquired a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $201,000.

iShares U.S. Equity Factor ETF Trading Down 1.3%

NYSEARCA LRGF opened at $66.66 on Thursday. iShares U.S. Equity Factor ETF has a 1-year low of $49.97 and a 1-year high of $71.07. The company has a 50 day moving average of $69.12 and a 200-day moving average of $69.07. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98.

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