iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Hits New 1-Year High – Should You Buy?

Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) hit a new 52-week high during trading on Monday . The stock traded as high as $60.02 and last traded at $60.02, with a volume of 6595 shares. The stock had previously closed at $59.69.

iShares U.S. Equity Factor ETF Stock Down 0.8 %

The company has a market cap of $2.14 billion, a P/E ratio of 21.21 and a beta of 1.02. The firm has a fifty day moving average price of $57.41 and a 200 day moving average price of $55.49.

Institutional Trading of iShares U.S. Equity Factor ETF

Several hedge funds have recently modified their holdings of LRGF. Affinity Wealth Management LLC bought a new position in iShares U.S. Equity Factor ETF in the third quarter valued at about $30,351,000. Conrad Siegel Investment Advisors Inc. bought a new position in shares of iShares U.S. Equity Factor ETF in the 1st quarter valued at about $23,331,000. Atomi Financial Group Inc. acquired a new stake in shares of iShares U.S. Equity Factor ETF during the 1st quarter worth approximately $9,604,000. Commonwealth Equity Services LLC raised its stake in shares of iShares U.S. Equity Factor ETF by 86.5% during the first quarter. Commonwealth Equity Services LLC now owns 335,706 shares of the company’s stock worth $18,064,000 after buying an additional 155,685 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of iShares U.S. Equity Factor ETF during the second quarter worth approximately $8,182,000.

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.