iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sees Large Volume Increase – What’s Next?

Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) saw unusually-strong trading volume on Tuesday . Approximately 483,582 shares changed hands during mid-day trading, an increase of 272% from the previous session’s volume of 129,965 shares.The stock last traded at $62.43 and had previously closed at $62.29.

iShares U.S. Equity Factor ETF Price Performance

The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 23.84 and a beta of 0.97. The company’s 50-day simple moving average is $58.14 and its 200-day simple moving average is $60.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strategic Financial Services Inc. boosted its position in shares of iShares U.S. Equity Factor ETF by 1.2% in the first quarter. Strategic Financial Services Inc. now owns 3,726,234 shares of the company’s stock valued at $215,674,000 after acquiring an additional 43,596 shares during the period. Halbert Hargrove Global Advisors LLC increased its position in iShares U.S. Equity Factor ETF by 1.2% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 3,390,727 shares of the company’s stock worth $196,255,000 after acquiring an additional 41,212 shares during the period. Tolleson Wealth Management Inc. raised its stake in iShares U.S. Equity Factor ETF by 2.5% in the 1st quarter. Tolleson Wealth Management Inc. now owns 1,884,073 shares of the company’s stock worth $109,050,000 after purchasing an additional 46,567 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in iShares U.S. Equity Factor ETF by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,850,538 shares of the company’s stock valued at $111,680,000 after purchasing an additional 57,157 shares during the period. Finally, Plancorp LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 5.1% during the first quarter. Plancorp LLC now owns 1,593,834 shares of the company’s stock worth $92,251,000 after purchasing an additional 78,002 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.