iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sets New 52-Week High – Here’s What Happened

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $77.48 and last traded at $77.48, with a volume of 6442 shares trading hands. The stock had previously closed at $77.02.

iShares U.S. Equity Factor ETF Stock Performance

The stock’s 50 day simple moving average is $75.61 and its 200-day simple moving average is $71.79. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99.

Hedge Funds Weigh In On iShares U.S. Equity Factor ETF

A number of hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares U.S. Equity Factor ETF in the 4th quarter worth $25,000. Rockefeller Capital Management L.P. lifted its holdings in iShares U.S. Equity Factor ETF by 127.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock valued at $35,000 after purchasing an additional 285 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in iShares U.S. Equity Factor ETF during the fourth quarter valued at $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at about $41,000. Finally, Timmons Wealth Management LLC acquired a new stake in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at about $56,000.

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.