iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Hits New 12-Month High at $58.73

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $58.73 and last traded at $58.66, with a volume of 3992 shares. The stock had previously closed at $58.63.

iShares U.S. Equity Factor ETF Stock Up 0.0 %

The business’s 50 day simple moving average is $56.42 and its 200 day simple moving average is $54.86. The company has a market capitalization of $2.10 billion, a PE ratio of 21.21 and a beta of 1.02.

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

Hedge funds have recently made changes to their positions in the company. Plancorp LLC lifted its holdings in shares of iShares U.S. Equity Factor ETF by 2.2% in the second quarter. Plancorp LLC now owns 1,491,331 shares of the company’s stock valued at $83,052,000 after purchasing an additional 31,625 shares in the last quarter. Ullmann Wealth Partners Group LLC boosted its position in iShares U.S. Equity Factor ETF by 3.7% during the 2nd quarter. Ullmann Wealth Partners Group LLC now owns 1,468,081 shares of the company’s stock worth $81,757,000 after acquiring an additional 52,591 shares during the period. Cardinal Point Capital Management ULC grew its stake in iShares U.S. Equity Factor ETF by 2.8% during the 2nd quarter. Cardinal Point Capital Management ULC now owns 612,153 shares of the company’s stock valued at $34,091,000 after acquiring an additional 16,521 shares in the last quarter. Cora Capital Advisors LLC increased its holdings in shares of iShares U.S. Equity Factor ETF by 1.1% in the 2nd quarter. Cora Capital Advisors LLC now owns 464,404 shares of the company’s stock valued at $25,863,000 after purchasing an additional 5,222 shares during the period. Finally, Pettinga Financial Advisors LLC lifted its position in shares of iShares U.S. Equity Factor ETF by 3.9% in the second quarter. Pettinga Financial Advisors LLC now owns 451,019 shares of the company’s stock worth $25,117,000 after purchasing an additional 17,039 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.