iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sets New 1-Year High – Here’s What Happened

Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) hit a new 52-week high during trading on Wednesday . The stock traded as high as $60.80 and last traded at $60.74, with a volume of 2374 shares traded. The stock had previously closed at $59.43.

iShares U.S. Equity Factor ETF Stock Performance

The firm’s 50 day moving average price is $58.63 and its two-hundred day moving average price is $56.37. The company has a market cap of $2.21 billion, a P/E ratio of 21.21 and a beta of 1.02.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Affinity Wealth Management LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $30,351,000. Cora Capital Advisors LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 1.1% in the 2nd quarter. Cora Capital Advisors LLC now owns 464,404 shares of the company’s stock worth $25,863,000 after acquiring an additional 5,222 shares during the last quarter. Plancorp LLC lifted its position in iShares U.S. Equity Factor ETF by 2.2% in the 2nd quarter. Plancorp LLC now owns 1,491,331 shares of the company’s stock valued at $83,052,000 after acquiring an additional 31,625 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares U.S. Equity Factor ETF by 1.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 341,320 shares of the company’s stock valued at $19,008,000 after purchasing an additional 5,614 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new position in iShares U.S. Equity Factor ETF during the 2nd quarter valued at about $818,000.

iShares U.S. Equity Factor ETF Company 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.