JPMorgan Chase & Co. Increases Holdings in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)

JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 662,548 shares of the company’s stock after purchasing an additional 28,119 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.85% of iShares U.S. Equity Factor ETF worth $38,938,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LRGF. Sterling Investment Counsel LLC purchased a new stake in iShares U.S. Equity Factor ETF during the 3rd quarter valued at approximately $256,000. JGP Wealth Management LLC grew its stake in iShares U.S. Equity Factor ETF by 10.8% during the third quarter. JGP Wealth Management LLC now owns 4,440 shares of the company’s stock valued at $261,000 after acquiring an additional 433 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in iShares U.S. Equity Factor ETF by 58.9% during the third quarter. Aptus Capital Advisors LLC now owns 5,401 shares of the company’s stock valued at $317,000 after acquiring an additional 2,003 shares in the last quarter. FMR LLC lifted its stake in iShares U.S. Equity Factor ETF by 96.6% in the 3rd quarter. FMR LLC now owns 5,434 shares of the company’s stock worth $319,000 after purchasing an additional 2,670 shares in the last quarter. Finally, Savvy Advisors Inc. bought a new position in shares of iShares U.S. Equity Factor ETF during the 3rd quarter valued at about $320,000.

iShares U.S. Equity Factor ETF Trading Up 1.3 %

Shares of LRGF stock opened at $61.15 on Monday. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02. iShares U.S. Equity Factor ETF has a 12-month low of $47.34 and a 12-month high of $63.35. The stock’s 50-day moving average price is $61.35 and its 200-day moving average price is $58.58.

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.