BFI Wealth Solutions LLC Acquires New Position in iShares U.S. Equity Factor ETF $LRGF

BFI Wealth Solutions LLC acquired a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 28,436 shares of the company’s stock, valued at approximately $1,974,000. iShares U.S. Equity Factor ETF comprises about 1.9% of BFI Wealth Solutions LLC’s portfolio, making the stock its 15th biggest position.

A number of other institutional investors have also recently bought and sold shares of the business. Strategic Financial Services Inc. raised its position in shares of iShares U.S. Equity Factor ETF by 2.7% during the 4th quarter. Strategic Financial Services Inc. now owns 3,912,625 shares of the company’s stock valued at $272,788,000 after acquiring an additional 104,578 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of iShares U.S. Equity Factor ETF by 2.2% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 3,559,478 shares of the company’s stock valued at $247,135,000 after purchasing an additional 76,631 shares during the period. Wells Fargo & Company MN boosted its position in shares of iShares U.S. Equity Factor ETF by 7.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,601,518 shares of the company’s stock worth $180,623,000 after purchasing an additional 180,954 shares during the last quarter. SigFig Wealth Management LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 1.6% in the 4th quarter. SigFig Wealth Management LLC now owns 2,529,572 shares of the company’s stock worth $175,628,000 after purchasing an additional 40,949 shares during the last quarter. Finally, Tolleson Wealth Management Inc. grew its stake in shares of iShares U.S. Equity Factor ETF by 11.4% during the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after purchasing an additional 215,653 shares during the period.

iShares U.S. Equity Factor ETF Stock Up 0.9%

Shares of iShares U.S. Equity Factor ETF stock opened at $75.62 on Friday. The business has a fifty day simple moving average of $73.53 and a 200 day simple moving average of $70.49. The stock has a market cap of $3.41 billion, a PE ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 12 month low of $61.32 and a 12 month high of $77.15.

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.