iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Short Interest Down 32.8% in February

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 227,629 shares, a decline of 32.8% from the February 12th total of 338,969 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 273,291 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 273,291 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are short sold.

iShares U.S. Equity Factor ETF Price Performance

NYSEARCA:LRGF traded down $0.38 during mid-day trading on Friday, reaching $66.86. The stock had a trading volume of 464,735 shares, compared to its average volume of 309,113. The stock has a market cap of $3.03 billion, a P/E ratio of 22.79 and a beta of 0.98. The business’s 50 day moving average is $69.30 and its 200 day moving average is $69.06. iShares U.S. Equity Factor ETF has a fifty-two week low of $49.97 and a fifty-two week high of $71.07.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. First Foundation Advisors increased its stake in shares of iShares U.S. Equity Factor ETF by 0.9% during the 3rd quarter. First Foundation Advisors now owns 17,799 shares of the company’s stock worth $1,230,000 after purchasing an additional 167 shares during the last quarter. Cerity Partners LLC boosted its holdings in iShares U.S. Equity Factor ETF by 0.3% in the second quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock worth $3,273,000 after purchasing an additional 175 shares in the last quarter. Assetmark Inc. boosted its holdings in iShares U.S. Equity Factor ETF by 19.8% in the third quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock worth $78,000 after purchasing an additional 186 shares in the last quarter. Cetera Investment Advisers increased its position in iShares U.S. Equity Factor ETF by 0.9% during the fourth quarter. Cetera Investment Advisers now owns 22,223 shares of the company’s stock worth $1,543,000 after buying an additional 194 shares during the last quarter. Finally, Savvy Advisors Inc. increased its position in iShares U.S. Equity Factor ETF by 4.3% during the fourth quarter. Savvy Advisors Inc. now owns 5,682 shares of the company’s stock worth $395,000 after buying an additional 235 shares during the last quarter.

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.