iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sets New 1-Year High – What’s Next?

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) hit a new 52-week high during trading on Tuesday . The stock traded as high as $73.98 and last traded at $73.85, with a volume of 73384 shares traded. The stock had previously closed at $73.74.

iShares U.S. Equity Factor ETF Stock Performance

The stock’s 50-day moving average price is $68.99 and its two-hundred day moving average price is $69.31. The stock has a market capitalization of $3.33 billion, a PE ratio of 22.79 and a beta of 0.98.

Institutional Trading of iShares U.S. Equity Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. First Foundation Advisors increased its stake in 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 valued at $1,230,000 after purchasing an additional 167 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of 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 buying an additional 175 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of 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 buying an additional 186 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Equity Factor ETF by 0.9% in 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. boosted its holdings in shares of iShares U.S. Equity Factor ETF by 4.3% in 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.