iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Short Interest Up 126.0% in August

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 72,118 shares, a growth of 126.0% from the July 30th total of 31,914 shares. Based on an average daily volume of 99,253 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

iShares U.S. Equity Factor ETF Stock Performance

iShares U.S. Equity Factor ETF stock traded down $0.28 during midday trading on Friday, reaching $78.48. 106,192 shares of the company’s stock were exchanged, compared to its average volume of 214,644. iShares U.S. Equity Factor ETF has a 52 week low of $63.89 and a 52 week high of $79.44. The firm has a market cap of $3.70 billion, a price-to-earnings ratio of 22.79 and a beta of 0.99. The stock’s 50-day simple moving average is $76.61 and its 200 day simple moving average is $72.92.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LRGF. Strategic Financial Services Inc. raised its position in shares of iShares U.S. Equity Factor ETF by 2.7% in the fourth quarter. Strategic Financial Services Inc. now owns 3,912,625 shares of the company’s stock valued at $272,788,000 after purchasing an additional 104,578 shares during the period. Halbert Hargrove Global Advisors LLC lifted its position in iShares U.S. Equity Factor ETF by 1.9% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 3,626,489 shares of the company’s stock worth $239,348,000 after acquiring an additional 67,011 shares during the last quarter. Annex Advisory Services LLC boosted its holdings in shares of iShares U.S. Equity Factor ETF by 108.5% during the second quarter. Annex Advisory Services LLC now owns 2,839,647 shares of the company’s stock worth $214,762,000 after acquiring an additional 1,477,785 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares U.S. Equity Factor ETF by 7.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,601,518 shares of the company’s stock worth $180,623,000 after acquiring an additional 180,954 shares during the period. Finally, Tolleson Wealth Management Inc. grew its position in shares of iShares U.S. Equity Factor ETF by 11.4% in the second quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock valued at $134,655,000 after purchasing an additional 215,653 shares during the last quarter.

iShares U.S. Equity Factor ETF Company Profile

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.