iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sets New 52-Week High – Should You Buy?

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $63.41 and last traded at $63.39, with a volume of 13221 shares. The stock had previously closed at $62.91.

iShares U.S. Equity Factor ETF Stock Up 1.2 %

The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02. The business has a 50-day moving average of $61.81 and a two-hundred day moving average of $59.69.

Institutional Trading of iShares U.S. Equity Factor ETF

Hedge funds have recently bought and sold shares of the stock. Synergy Asset Management LLC purchased a new stake in iShares U.S. Equity Factor ETF during the fourth quarter valued at approximately $29,000. Assetmark Inc. grew its stake in iShares U.S. Equity Factor ETF by 1,205.3% during the 4th quarter. Assetmark Inc. now owns 1,488 shares of the company’s stock worth $90,000 after buying an additional 1,374 shares during the last quarter. Principal Securities Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at about $94,000. Sterling Investment Counsel LLC purchased a new stake in iShares U.S. Equity Factor ETF in the third quarter valued at approximately $256,000. Finally, Flagship Private Wealth LLC lifted its holdings in shares of 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 buying an additional 405 shares during the period.

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.