Pettinga Financial Advisors LLC Has $26.81 Million Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Pettinga Financial Advisors LLC increased its position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 1.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 456,252 shares of the company’s stock after acquiring an additional 5,233 shares during the period. iShares U.S. Equity Factor ETF comprises about 6.3% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 4th biggest position. Pettinga Financial Advisors LLC owned about 1.27% of iShares U.S. Equity Factor ETF worth $26,814,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. ORG Partners LLC acquired a new stake in iShares U.S. Equity Factor ETF in the second quarter valued at $43,000. JGP Wealth Management LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the second quarter worth about $223,000. Columbus Macro LLC acquired a new position in shares of iShares U.S. Equity Factor ETF in the second quarter worth approximately $231,000. Sterling Investment Counsel LLC bought a new stake in iShares U.S. Equity Factor ETF in the third quarter valued at approximately $256,000. Finally, Aptus Capital Advisors LLC increased its position in iShares U.S. Equity Factor ETF by 58.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock valued at $317,000 after purchasing an additional 2,003 shares during the period.

iShares U.S. Equity Factor ETF Stock Performance

Shares of NYSEARCA LRGF opened at $60.48 on Monday. The company’s 50 day moving average price is $59.13 and its 200-day moving average price is $56.77. iShares U.S. Equity Factor ETF has a 52-week low of $45.10 and a 52-week high of $62.01. The company has a market capitalization of $2.17 billion, a P/E ratio of 21.21 and a beta of 1.02.

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.