iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Reaches New 1-Year High at $56.00

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $56.00 and last traded at $55.99, with a volume of 3868 shares. The stock had previously closed at $55.89.

iShares U.S. Equity Factor ETF Stock Up 0.3 %

The firm has a market cap of $2.01 billion, a P/E ratio of 21.21 and a beta of 1.02. The stock’s 50-day moving average is $53.57 and its 200-day moving average is $51.45.

Institutional Trading of iShares U.S. Equity Factor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of LRGF. Concourse Financial Group Securities Inc. lifted its stake in shares of iShares U.S. Equity Factor ETF by 49.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 599 shares of the company’s stock valued at $29,000 after buying an additional 199 shares during the period. Magnolia Capital Advisors LLC raised its holdings in iShares U.S. Equity Factor ETF by 2.2% in the 1st quarter. Magnolia Capital Advisors LLC now owns 15,807 shares of the company’s stock valued at $802,000 after acquiring an additional 346 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in iShares U.S. Equity Factor ETF by 4.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,819 shares of the company’s stock valued at $475,000 after acquiring an additional 388 shares in the last quarter. Planned Solutions Inc. lifted its position in shares of iShares U.S. Equity Factor ETF by 2.7% in the 1st quarter. Planned Solutions Inc. now owns 15,203 shares of the company’s stock worth $818,000 after acquiring an additional 399 shares during the period. Finally, Baron Silver Stevens Financial Advisors LLC grew its holdings in shares of iShares U.S. Equity Factor ETF by 4.9% during the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 8,830 shares of the company’s stock worth $475,000 after purchasing an additional 414 shares in the last quarter.

About iShares U.S. Equity Factor ETF

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.