Plancorp LLC Acquires New Holdings in iShares U.S. Equity Factor ETF $LRGF

Plancorp LLC bought a new position in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 2,193,303 shares of the company’s stock, valued at approximately $168,906,000. iShares U.S. Equity Factor ETF comprises about 3.8% of Plancorp LLC’s holdings, making the stock its 8th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Endeavor Private Wealth Inc. raised its position in iShares U.S. Equity Factor ETF by 6.6% in the second quarter. Endeavor Private Wealth Inc. now owns 3,414 shares of the company’s stock valued at $258,000 after purchasing an additional 210 shares during the period. Rockefeller Capital Management L.P. lifted its stake in shares of iShares U.S. Equity Factor ETF by 127.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after purchasing an additional 285 shares during the last quarter. Triumph Capital Management purchased a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth $26,000. Pinnacle Wealth Planning Services Inc. purchased a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth $68,000. Finally, Latitude Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter worth $70,000.

iShares U.S. Equity Factor ETF Price Performance

Shares of NYSEARCA:LRGF traded up $0.26 during midday trading on Friday, reaching $74.97. 269,555 shares of the company’s stock were exchanged, compared to its average volume of 209,311. The firm’s 50 day simple moving average is $78.18 and its two-hundred day simple moving average is $74.03. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a fifty-two week low of $63.89 and a fifty-two week high of $79.90.

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.