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

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s share price hit a new 52-week high on Monday . The stock traded as high as $62.49 and last traded at $62.49, with a volume of 465 shares trading hands. The stock had previously closed at $61.96.

iShares U.S. Equity Factor ETF Price Performance

The firm has a market cap of $2.24 billion, a P/E ratio of 21.21 and a beta of 1.02. The stock’s 50 day moving average is $59.79 and its two-hundred day moving average is $57.19.

Institutional Investors Weigh In On iShares U.S. Equity Factor ETF

Several large investors have recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC increased its position in shares of iShares U.S. Equity Factor ETF by 1.9% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 3,270,070 shares of the company’s stock worth $192,182,000 after purchasing an additional 61,704 shares in the last quarter. Ullmann Wealth Partners Group LLC raised its stake in shares of iShares U.S. Equity Factor ETF by 3.9% in the third quarter. Ullmann Wealth Partners Group LLC now owns 1,525,875 shares of the company’s stock valued at $89,676,000 after acquiring an additional 57,794 shares during the last quarter. Plancorp LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 2.2% in the 2nd quarter. Plancorp LLC now owns 1,491,331 shares of the company’s stock worth $83,052,000 after acquiring an additional 31,625 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in iShares U.S. Equity Factor ETF by 19.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 731,132 shares of the company’s stock worth $42,969,000 after acquiring an additional 118,245 shares during the last quarter. Finally, Cardinal Point Capital Management ULC increased its holdings in iShares U.S. Equity Factor ETF by 3.4% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 632,786 shares of the company’s stock valued at $37,189,000 after purchasing an additional 20,633 shares in 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.