iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Reaches New 1-Year High at $56.36

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $56.36 and last traded at $56.35, with a volume of 22990 shares trading hands. The stock had previously closed at $56.28.

iShares U.S. Equity Factor ETF Stock Performance

The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 21.21 and a beta of 1.02. The business has a 50 day moving average price of $54.48 and a 200-day moving average price of $52.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Concourse Financial Group Securities Inc. lifted its stake in shares of iShares U.S. Equity Factor ETF by 49.8% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 599 shares of the company’s stock valued at $29,000 after purchasing an additional 199 shares during the period. ORG Partners LLC raised its stake in iShares U.S. Equity Factor ETF by 171.2% during the 4th quarter. ORG Partners LLC now owns 838 shares of the company’s stock worth $40,000 after buying an additional 529 shares during the period. YHB Investment Advisors Inc. acquired a new position in iShares U.S. Equity Factor ETF during the 1st quarter worth approximately $45,000. Woodmont Investment Counsel LLC acquired a new position in iShares U.S. Equity Factor ETF during the 1st quarter worth approximately $54,000. Finally, BKM Wealth Management LLC bought a new stake in iShares U.S. Equity Factor ETF during the 4th quarter worth approximately $109,000.

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.