iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Shares Shorted: Short Interest Down 60.9% in September

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 7,808 shares, a drop of 60.9% from the August 31st total of 19,968 shares. Based on an average daily volume of 113,028 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

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

Several institutional investors have recently bought and sold shares of LRGF. Annex Advisory Services LLC lifted its position in iShares U.S. Equity Factor ETF by 108.5% during the second quarter. Annex Advisory Services LLC now owns 2,839,647 shares of the company’s stock valued at $214,762,000 after purchasing an additional 1,477,785 shares during the last quarter. Modern Wealth Management LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 22.7% in the 1st quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock valued at $69,831,000 after acquiring an additional 194,532 shares during the period. Blue Edge Capital LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the second quarter worth $11,010,000. Evolve Private Wealth LLC acquired a new position in shares of iShares U.S. Equity Factor ETF during the fourth quarter valued at about $8,419,000. Finally, Halbert Hargrove Global Advisors LLC raised its stake in iShares U.S. Equity Factor ETF by 1.9% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock worth $239,348,000 after acquiring an additional 67,011 shares during the last quarter.

iShares U.S. Equity Factor ETF Trading Down 0.3%

Shares of NYSEARCA:LRGF traded down $0.21 during mid-day trading on Tuesday, hitting $78.01. 410,274 shares of the company traded hands, compared to its average volume of 210,525. The stock has a market cap of $3.71 billion, a P/E ratio of 22.79 and a beta of 0.99. iShares U.S. Equity Factor ETF has a 12-month low of $63.89 and a 12-month high of $79.44. The stock has a 50-day moving average price of $77.79 and a two-hundred day moving average price of $74.33.

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.