iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Reaches New 12-Month High at $57.89

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $57.89 and last traded at $57.63, with a volume of 13805 shares traded. The stock had previously closed at $57.72.

iShares U.S. Equity Factor ETF Price Performance

The firm has a market cap of $2.06 billion, a P/E ratio of 21.21 and a beta of 1.02. The company’s 50-day moving average is $56.02 and its two-hundred day moving average is $54.02.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Stokes Family Office LLC lifted its stake in iShares U.S. Equity Factor ETF by 7.7% in the 4th quarter. Stokes Family Office LLC now owns 1,302,089 shares of the company’s stock valued at $62,878,000 after purchasing an additional 93,570 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 10.2% during the 4th quarter. CreativeOne Wealth LLC now owns 351,951 shares of the company’s stock valued at $16,995,000 after acquiring an additional 32,615 shares in the last quarter. Concourse Financial Group Securities Inc. grew its position in iShares U.S. Equity Factor ETF by 49.8% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 599 shares of the company’s stock worth $29,000 after acquiring an additional 199 shares during the last quarter. CWM LLC grew its position in iShares U.S. Equity Factor ETF by 81.4% during the 4th quarter. CWM LLC now owns 20,468 shares of the company’s stock worth $988,000 after acquiring an additional 9,182 shares during the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth about $155,000.

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.