Stonebridge Financial Group LLC Takes $9.03 Million Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Stonebridge Financial Group LLC purchased a new position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 149,619 shares of the company’s stock, valued at approximately $9,030,000. iShares U.S. Equity Factor ETF comprises about 1.0% of Stonebridge Financial Group LLC’s holdings, making the stock its 28th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC acquired a new position in iShares U.S. Equity Factor ETF during the 4th quarter worth $29,000. Sterling Investment Counsel LLC bought a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth about $256,000. Flagship Private Wealth LLC grew its stake in iShares U.S. Equity Factor ETF by 10.3% in the fourth quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock worth $261,000 after purchasing an additional 405 shares in the last quarter. JGP Wealth Management LLC increased its holdings in iShares U.S. Equity Factor ETF by 5.8% in the fourth quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $283,000 after buying an additional 256 shares during the last quarter. Finally, Aptus Capital Advisors LLC increased its holdings in iShares U.S. Equity Factor ETF by 58.9% in the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock valued at $317,000 after buying an additional 2,003 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Up 0.8 %

NYSEARCA:LRGF opened at $63.01 on Tuesday. The company has a market cap of $2.26 billion, a PE ratio of 21.21 and a beta of 1.02. The business’s 50 day moving average is $61.81 and its two-hundred day moving average is $59.56. iShares U.S. Equity Factor ETF has a 52 week low of $49.92 and a 52 week high of $63.35.

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.