ShoreHaven Wealth Partners LLC Grows Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

ShoreHaven Wealth Partners LLC boosted its stake in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 8.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 436,066 shares of the company’s stock after buying an additional 33,818 shares during the quarter. iShares U.S. Equity Factor ETF makes up approximately 12.8% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its largest holding. ShoreHaven Wealth Partners LLC owned about 1.40% of iShares U.S. Equity Factor ETF worth $21,058,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its stake in shares of iShares U.S. Equity Factor ETF by 20.9% during the 3rd quarter. Raymond James & Associates now owns 16,495 shares of the company’s stock valued at $715,000 after buying an additional 2,848 shares in the last quarter. Assetmark Inc. grew its position in shares of iShares U.S. Equity Factor ETF by 19.1% in the third quarter. Assetmark Inc. now owns 2,410 shares of the company’s stock valued at $104,000 after purchasing an additional 386 shares in the last quarter. GSG Advisors LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at $1,214,000. Ergawealth Advisors Inc. raised its stake in shares of iShares U.S. Equity Factor ETF by 17.7% during the 3rd quarter. Ergawealth Advisors Inc. now owns 10,031 shares of the company’s stock valued at $435,000 after purchasing an additional 1,509 shares during the period. Finally, Tranquility Partners LLC lifted its holdings in iShares U.S. Equity Factor ETF by 8.7% during the 3rd quarter. Tranquility Partners LLC now owns 14,071 shares of the company’s stock worth $610,000 after purchasing an additional 1,123 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

LRGF stock traded up $0.01 during mid-day trading on Wednesday, reaching $53.11. 75,508 shares of the company traded hands, compared to its average volume of 159,684. The company has a fifty day moving average price of $52.61 and a 200-day moving average price of $49.25. iShares U.S. Equity Factor ETF has a 52-week low of $40.95 and a 52-week high of $54.00. The company has a market capitalization of $1.90 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.