iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Hits New 1-Year High – Here’s Why

iShares U.S. Equity Factor ETF (NYSEARCA:LRGFGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $63.41 and last traded at $63.39, with a volume of 13221 shares changing hands. The stock had previously closed at $62.91.

iShares U.S. Equity Factor ETF Stock Up 0.1 %

The firm has a market capitalization of $2.28 billion, a PE ratio of 21.21 and a beta of 1.02. The firm’s 50-day moving average price is $61.84 and its two-hundred day moving average price is $59.77.

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

A number of institutional investors have recently modified their holdings of the stock. Sterling Investment Counsel LLC bought a new stake in iShares U.S. Equity Factor ETF in the third quarter worth approximately $256,000. Pettinga Financial Advisors LLC boosted its holdings in iShares U.S. Equity Factor ETF by 1.3% in the third quarter. Pettinga Financial Advisors LLC now owns 456,738 shares of the company’s stock worth $26,842,000 after purchasing an additional 5,719 shares in the last quarter. Allworth Financial LP increased its position in iShares U.S. Equity Factor ETF by 0.4% during the third quarter. Allworth Financial LP now owns 49,452 shares of the company’s stock worth $2,906,000 after buying an additional 173 shares during the last quarter. Diversify Advisory Services LLC raised its holdings in iShares U.S. Equity Factor ETF by 7.6% during the third quarter. Diversify Advisory Services LLC now owns 47,216 shares of the company’s stock valued at $2,826,000 after buying an additional 3,328 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its holdings in iShares U.S. Equity Factor ETF by 1.3% in the 3rd quarter. JFS Wealth Advisors LLC now owns 61,217 shares of the company’s stock worth $3,598,000 after purchasing an additional 780 shares during the last quarter.

iShares U.S. Equity Factor ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares U.S. Equity Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Equity Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.