iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Get Free Report) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 171,514 shares, a decline of 30.9% from the December 31st total of 248,054 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 228,832 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 228,832 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are sold short.
Institutional Trading of iShares U.S. Equity Factor ETF
Hedge funds have recently bought and sold shares of the stock. Strategic Financial Services Inc. lifted its position in shares of iShares U.S. Equity Factor ETF by 2.5% during the 2nd quarter. Strategic Financial Services Inc. now owns 3,821,219 shares of the company’s stock valued at $245,055,000 after buying an additional 94,985 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in iShares U.S. Equity Factor ETF by 2.2% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 3,559,478 shares of the company’s stock valued at $247,135,000 after acquiring an additional 76,631 shares during the period. SigFig Wealth Management LLC grew its position in shares of iShares U.S. Equity Factor ETF by 1.6% during the fourth quarter. SigFig Wealth Management LLC now owns 2,529,572 shares of the company’s stock worth $175,628,000 after purchasing an additional 40,949 shares in the last quarter. Tolleson Wealth Management Inc. raised its stake in iShares U.S. Equity Factor ETF by 11.4% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock valued at $134,655,000 after purchasing an additional 215,653 shares during the period. Finally, Plancorp LLC raised its position in shares of iShares U.S. Equity Factor ETF by 3.7% during the third quarter. Plancorp LLC now owns 1,806,892 shares of the company’s stock valued at $124,820,000 after buying an additional 63,979 shares during the last quarter.
iShares U.S. Equity Factor ETF Price Performance
Shares of LRGF traded down $0.36 during trading hours on Friday, hitting $69.64. The stock had a trading volume of 162,027 shares, compared to its average volume of 291,971. The firm has a market capitalization of $3.14 billion, a PE ratio of 22.79 and a beta of 0.98. iShares U.S. Equity Factor ETF has a 12 month low of $49.97 and a 12 month high of $71.07. The stock has a fifty day moving average price of $69.70 and a 200 day moving average price of $68.39.
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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