XML Financial LLC Invests $479,000 in iShares U.S. Equity Factor ETF $LRGF

XML Financial LLC bought a new stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,902 shares of the company’s stock, valued at approximately $479,000.

A number of other large investors also recently added to or reduced their stakes in LRGF. Bank of America Corp DE boosted its stake in iShares U.S. Equity Factor ETF by 146.8% in the 2nd quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock worth $49,391,000 after purchasing an additional 458,079 shares during the period. Modern Wealth Management LLC raised its position in shares of iShares U.S. Equity Factor ETF by 111.2% during the third quarter. Modern Wealth Management LLC now owns 648,941 shares of the company’s stock valued at $44,829,000 after buying an additional 341,720 shares during the last quarter. Tolleson Wealth Management Inc. lifted its holdings in shares of iShares U.S. Equity Factor ETF by 11.4% in the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after buying an additional 215,653 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares U.S. Equity Factor ETF in the third quarter worth $8,245,000. Finally, Strategic Financial Services Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 2.7% during the fourth quarter. Strategic Financial Services Inc. now owns 3,912,625 shares of the company’s stock worth $272,788,000 after acquiring an additional 104,578 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Performance

LRGF opened at $75.04 on Tuesday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. The company has a fifty day moving average of $72.05 and a 200 day moving average of $70.11. iShares U.S. Equity Factor ETF has a fifty-two week low of $61.32 and a fifty-two week high of $77.15.

iShares U.S. Equity Factor ETF 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.