Parallel Advisors LLC Grows Stock Position in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

Parallel Advisors LLC lifted its stake in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,491 shares of the company’s stock after purchasing an additional 6,841 shares during the period. Parallel Advisors LLC’s holdings in iShares U.S. Equity Factor ETF were worth $5,823,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter worth about $29,000. Assetmark Inc. increased its position in iShares U.S. Equity Factor ETF by 1,205.3% in the 4th quarter. Assetmark Inc. now owns 1,488 shares of the company’s stock valued at $90,000 after acquiring an additional 1,374 shares during the period. Principal Securities Inc. acquired a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at about $94,000. Flagship Private Wealth LLC boosted its holdings in iShares U.S. Equity Factor ETF by 10.3% in the 4th quarter. Flagship Private Wealth LLC now owns 4,327 shares of the company’s stock valued at $261,000 after purchasing an additional 405 shares in the last quarter. Finally, JGP Wealth Management LLC boosted its holdings in iShares U.S. Equity Factor ETF by 5.8% in the 4th quarter. JGP Wealth Management LLC now owns 4,696 shares of the company’s stock valued at $283,000 after purchasing an additional 256 shares in the last quarter.

iShares U.S. Equity Factor ETF Price Performance

Shares of NYSEARCA:LRGF opened at $58.75 on Tuesday. The business’s 50 day simple moving average is $61.51 and its 200-day simple moving average is $60.53. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 22.89 and a beta of 1.00. iShares U.S. Equity Factor ETF has a 12 month low of $50.60 and a 12 month high of $63.98.

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.