Burton Enright Welch Makes New $608,000 Investment in iShares U.S. Equity Factor ETF $LRGF

Burton Enright Welch purchased a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,813 shares of the company’s stock, valued at approximately $608,000.

A number of other large investors have also made changes to their positions in LRGF. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Equity Factor ETF by 6.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 698,956 shares of the company’s stock valued at $52,862,000 after purchasing an additional 40,370 shares during the period. Blue Edge Capital LLC bought a new position in iShares U.S. Equity Factor ETF in the second quarter valued at approximately $11,010,000. RVW Wealth LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter valued at approximately $3,469,000. LifeGoal Investments LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 18.2% in the second quarter. LifeGoal Investments LLC now owns 295,859 shares of the company’s stock valued at $22,376,000 after buying an additional 45,518 shares during the period. Finally, Plancorp LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the third quarter valued at approximately $168,906,000.

iShares U.S. Equity Factor ETF Price Performance

Shares of LRGF stock opened at $74.97 on Monday. iShares U.S. Equity Factor ETF has a 12-month low of $63.89 and a 12-month high of $79.90. The firm has a fifty day moving average of $78.18 and a 200-day moving average of $74.03. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99.

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.