iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Reaches New 1-Year High at $56.28

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 $56.28 and last traded at $56.24, with a volume of 3820 shares traded. The stock had previously closed at $55.81.

iShares U.S. Equity Factor ETF Price Performance

The company has a market capitalization of $1.99 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 $54.13 and a 200 day moving average price of $51.90.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF during the third quarter worth approximately $231,000. Physician Wealth Advisors Inc. acquired a new position in shares of iShares U.S. Equity Factor ETF in the fourth quarter valued at $1,767,000. Halbert Hargrove Global Advisors LLC raised its stake in shares of iShares U.S. Equity Factor ETF by 28.3% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 455,886 shares of the company’s stock valued at $22,015,000 after purchasing an additional 100,487 shares in the last quarter. Goodman Advisory Group LLC raised its stake in shares of iShares U.S. Equity Factor ETF by 34.5% in the fourth quarter. Goodman Advisory Group LLC now owns 17,798 shares of the company’s stock valued at $859,000 after purchasing an additional 4,564 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares U.S. Equity Factor ETF by 0.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 138,189 shares of the company’s stock valued at $6,673,000 after purchasing an additional 763 shares in the last quarter.

About iShares U.S. Equity Factor ETF

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.