Graves Light Lenhart Wealth Inc. Buys New Shares in iShares U.S. Equity Factor ETF $LRGF

Graves Light Lenhart Wealth Inc. bought a new stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the 2nd quarter, HoldingsChannel reports. The firm bought 3,239 shares of the company’s stock, valued at approximately $208,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Smartleaf Asset Management LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 3,714.3% during the first quarter. Smartleaf Asset Management LLC now owns 801 shares of the company’s stock valued at $46,000 after purchasing an additional 780 shares during the period. Spire Wealth Management bought a new position in shares of iShares U.S. Equity Factor ETF during the 1st quarter worth about $64,000. Flagship Private Wealth LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 4.6% during the 1st quarter. Flagship Private Wealth LLC now owns 4,525 shares of the company’s stock worth $262,000 after purchasing an additional 198 shares in the last quarter. Assetmark Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 223.1% during the 1st quarter. Assetmark Inc. now owns 4,807 shares of the company’s stock worth $278,000 after purchasing an additional 3,319 shares in the last quarter. Finally, JGP Wealth Management LLC boosted its position in shares of iShares U.S. Equity Factor ETF by 15.7% during the 1st quarter. JGP Wealth Management LLC now owns 5,435 shares of the company’s stock worth $315,000 after purchasing an additional 739 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

LRGF stock opened at $68.21 on Wednesday. The stock has a market capitalization of $2.81 billion, a PE ratio of 22.79 and a beta of 0.98. The company’s 50-day moving average is $66.20 and its 200-day moving average is $61.75. iShares U.S. Equity Factor ETF has a 1 year low of $49.97 and a 1 year high of $68.57.

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.