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

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF)’s share price reached a new 52-week high on Thursday . The company traded as high as $75.82 and last traded at $75.71, with a volume of 17814 shares changing hands. The stock had previously closed at $75.50.

iShares U.S. Equity Factor ETF Trading Up 0.7%

The stock has a market cap of $3.43 billion, a P/E ratio of 22.79 and a beta of 0.98. The firm’s fifty day moving average is $70.47 and its 200 day moving average is $69.70.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth $25,000. Rockefeller Capital Management L.P. raised its holdings in iShares U.S. Equity Factor ETF by 127.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 509 shares of the company’s stock worth $35,000 after acquiring an additional 285 shares during the period. Ares Financial Consulting LLC bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth $38,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth $41,000. Finally, Timmons Wealth Management LLC bought a new position in iShares U.S. Equity Factor ETF in the 4th quarter worth $56,000.

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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.