iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Hits New 12-Month High – Here’s What Happened

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s stock price reached a new 52-week high on Monday . The company traded as high as $62.68 and last traded at $62.67, with a volume of 17065 shares changing hands. The stock had previously closed at $62.55.

iShares U.S. Equity Factor ETF Trading Up 0.2 %

The business has a 50-day moving average price of $60.03 and a two-hundred day moving average price of $57.37. The stock has a market capitalization of $2.24 billion, a P/E ratio of 21.21 and a beta of 1.02.

Institutional Trading of iShares U.S. Equity Factor ETF

A number of institutional investors have recently modified their holdings of the stock. Affinity Wealth Management LLC acquired a new position in iShares U.S. Equity Factor ETF in the 3rd quarter worth about $30,351,000. Kestra Investment Management LLC increased its holdings in iShares U.S. Equity Factor ETF by 155.3% in the 3rd quarter. Kestra Investment Management LLC now owns 375,104 shares of the company’s stock worth $22,045,000 after purchasing an additional 228,191 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in iShares U.S. Equity Factor ETF by 53.1% in the 3rd quarter. Atomi Financial Group Inc. now owns 482,654 shares of the company’s stock worth $28,366,000 after purchasing an additional 167,313 shares in the last quarter. Signature Estate & Investment Advisors LLC acquired a new position in iShares U.S. Equity Factor ETF in the 2nd quarter worth about $6,639,000. Finally, Integrated Wealth Concepts LLC increased its holdings in iShares U.S. Equity Factor ETF by 19.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 731,132 shares of the company’s stock worth $42,969,000 after purchasing an additional 118,245 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.