Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Get Free Report) saw unusually-high trading volume on Monday . Approximately 1,014,649 shares were traded during trading, an increase of 304% from the previous session’s volume of 251,339 shares.The stock last traded at $69.9240 and had previously closed at $69.51.
iShares U.S. Equity Factor ETF Stock Performance
The stock’s 50 day moving average price is $69.59 and its 200 day moving average price is $68.34. The company has a market capitalization of $3.09 billion, a P/E ratio of 22.79 and a beta of 0.98.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in LRGF. First Foundation Advisors increased its holdings in iShares U.S. Equity Factor ETF by 0.9% in the third quarter. First Foundation Advisors now owns 17,799 shares of the company’s stock worth $1,230,000 after purchasing an additional 167 shares in the last quarter. Parsons Capital Management Inc. RI grew its position in shares of iShares U.S. Equity Factor ETF by 3.1% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 5,835 shares of the company’s stock worth $374,000 after buying an additional 173 shares during the period. Cerity Partners LLC increased its stake in shares of iShares U.S. Equity Factor ETF by 0.3% in the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after acquiring an additional 175 shares in the last quarter. Assetmark Inc. increased its stake in shares of iShares U.S. Equity Factor ETF by 19.8% in the 3rd quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock valued at $78,000 after acquiring an additional 186 shares in the last quarter. Finally, Planned Solutions Inc. lifted its position in shares of iShares U.S. Equity Factor ETF by 1.2% during the 2nd quarter. Planned Solutions Inc. now owns 19,185 shares of the company’s stock valued at $1,230,000 after acquiring an additional 233 shares during the period.
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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.
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