Plancorp LLC Purchases 63,979 Shares of iShares U.S. Equity Factor ETF $LRGF

Plancorp LLC grew its position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 3.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,806,892 shares of the company’s stock after acquiring an additional 63,979 shares during the quarter. iShares U.S. Equity Factor ETF makes up approximately 3.9% of Plancorp LLC’s holdings, making the stock its 8th largest position. Plancorp LLC owned 4.22% of iShares U.S. Equity Factor ETF worth $124,820,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 930.7% during the first quarter. Ameriprise Financial Inc. now owns 753,740 shares of the company’s stock worth $43,625,000 after purchasing an additional 680,613 shares during the period. Bank of America Corp DE grew its position in iShares U.S. Equity Factor ETF by 146.8% in the second quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock worth $49,391,000 after buying an additional 458,079 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares U.S. Equity Factor ETF by 467.6% in the first quarter. Jones Financial Companies Lllp now owns 550,697 shares of the company’s stock worth $31,874,000 after buying an additional 453,678 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of iShares U.S. Equity Factor ETF by 258.5% during the 2nd quarter. Osaic Holdings Inc. now owns 582,939 shares of the company’s stock valued at $37,369,000 after acquiring an additional 420,321 shares during the last quarter. Finally, Modern Wealth Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 1st quarter valued at $13,975,000.

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

NYSEARCA:LRGF opened at $70.15 on Wednesday. The stock has a fifty day simple moving average of $69.28 and a 200 day simple moving average of $67.16. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 1-year low of $49.97 and a 1-year high of $71.07.

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.