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

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

iShares U.S. Equity Factor ETF Price 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 fifty day moving average price of $54.48 and a 200 day moving average price of $52.10.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Concourse Financial Group Securities Inc. increased its position in shares of iShares U.S. Equity Factor ETF by 49.8% during the fourth 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 increased its position in shares of iShares U.S. Equity Factor ETF by 171.2% during the fourth quarter. ORG Partners LLC now owns 838 shares of the company’s stock valued at $40,000 after purchasing an additional 529 shares during the period. YHB Investment Advisors Inc. bought a new stake in iShares U.S. Equity Factor ETF in the first quarter valued at $45,000. Woodmont Investment Counsel LLC bought a new stake in iShares U.S. Equity Factor ETF in the first quarter valued at $54,000. Finally, BKM Wealth Management LLC bought a new stake in iShares U.S. Equity Factor ETF in the fourth quarter valued at $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.