iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Short Interest Update

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 19,968 shares, a drop of 72.3% from the August 15th total of 72,118 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 170,658 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On iShares U.S. Equity Factor ETF

Several large investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC raised its position in shares of iShares U.S. Equity Factor ETF by 0.7% during the second quarter. Integrated Wealth Concepts LLC now owns 681,028 shares of the company’s stock worth $51,506,000 after purchasing an additional 4,981 shares during the period. IFP Advisors Inc raised its holdings in iShares U.S. Equity Factor ETF by 942.8% during the 2nd quarter. IFP Advisors Inc now owns 3,535 shares of the company’s stock worth $267,000 after buying an additional 3,196 shares during the period. Ameritas Advisory Services LLC bought a new stake in iShares U.S. Equity Factor ETF in the 2nd quarter valued at $1,362,000. Endeavor Private Wealth Inc. lifted its position in iShares U.S. Equity Factor ETF by 6.6% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 3,414 shares of the company’s stock valued at $258,000 after acquiring an additional 210 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new position in iShares U.S. Equity Factor ETF in the 2nd quarter worth $222,000.

iShares U.S. Equity Factor ETF Stock Performance

NYSEARCA:LRGF traded down $0.35 during trading hours on Monday, hitting $77.77. The stock had a trading volume of 54,753 shares, compared to its average volume of 208,926. The business’s 50 day moving average is $77.32 and its 200-day moving average is $73.62. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a one year low of $63.89 and a one year high of $79.44.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.