iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 124,138 shares, an increase of 1,489.9% from the September 15th total of 7,808 shares. Based on an average daily trading volume, of 255,093 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short.
iShares U.S. Equity Factor ETF Trading Up 0.6%
NYSEARCA:LRGF traded up $0.50 during trading hours on Friday, reaching $79.65. 434,082 shares of the company traded hands, compared to its average volume of 211,698. The business’s 50-day moving average price is $78.38 and its two-hundred day moving average price is $75.03. iShares U.S. Equity Factor ETF has a 1 year low of $63.89 and a 1 year high of $79.90. The stock has a market capitalization of $3.76 billion, a P/E ratio of 22.79 and a beta of 0.98.
Hedge Funds Weigh In On iShares U.S. Equity Factor ETF
Hedge funds have recently bought and sold shares of the company. Evolve Private Wealth LLC purchased a new stake in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at approximately $8,419,000. Blue Edge Capital LLC purchased a new position in iShares U.S. Equity Factor ETF in the 2nd quarter worth approximately $11,010,000. BFI Wealth Solutions LLC bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter valued at approximately $1,974,000. LifeGoal Investments LLC lifted its position in iShares U.S. Equity Factor ETF by 18.2% in the 2nd quarter. LifeGoal Investments LLC now owns 295,859 shares of the company’s stock valued at $22,376,000 after acquiring an additional 45,518 shares in the last quarter. Finally, RVW Wealth LLC purchased a new stake in iShares U.S. Equity Factor ETF during the 3rd quarter valued at $3,469,000.
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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.
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