iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sees Unusually-High Trading Volume – Time to Buy?

iShares U.S. Equity Factor ETF (NYSEARCA:LRGFGet Free Report) saw unusually-high trading volume on Friday . Approximately 90,701 shares traded hands during mid-day trading, a decline of 27% from the previous session’s volume of 124,160 shares.The stock last traded at $61.67 and had previously closed at $61.57.

iShares U.S. Equity Factor ETF Stock Up 0.6 %

The stock’s 50 day moving average price is $58.46 and its 200-day moving average price is $56.26. The stock has a market capitalization of $2.22 billion, a PE ratio of 21.21 and a beta of 1.02.

Hedge Funds Weigh In On iShares U.S. Equity Factor ETF

Several institutional investors have recently made changes to their positions in LRGF. Janney Montgomery Scott LLC increased its holdings in iShares U.S. Equity Factor ETF by 4.6% during the first quarter. Janney Montgomery Scott LLC now owns 8,819 shares of the company’s stock valued at $475,000 after buying an additional 388 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares U.S. Equity Factor ETF by 38.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 7,365 shares of the company’s stock worth $396,000 after purchasing an additional 2,037 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in iShares U.S. Equity Factor ETF during the first quarter valued at about $9,604,000. NorthRock Partners LLC bought a new stake in iShares U.S. Equity Factor ETF during the first quarter valued at about $302,000. Finally, Columbus Macro LLC purchased a new position in iShares U.S. Equity Factor ETF in the second quarter valued at about $231,000.

iShares U.S. Equity Factor ETF Company Profile

(Get Free Report)

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.

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