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

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) saw an uptick in trading volume on Friday . 812,261 shares traded hands during trading, an increase of 179% from the previous session’s volume of 291,171 shares.The stock last traded at $69.0470 and had previously closed at $68.64.

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

The firm’s 50-day moving average price is $69.73 and its two-hundred day moving average price is $68.65. The firm has a market capitalization of $3.11 billion, a PE ratio of 22.79 and a beta of 0.98.

Institutional Trading of iShares U.S. Equity Factor ETF

Several large investors have recently added to or reduced their stakes in LRGF. First Foundation Advisors grew its holdings in shares of iShares U.S. Equity Factor ETF by 0.9% during the third quarter. First Foundation Advisors now owns 17,799 shares of the company’s stock valued at $1,230,000 after buying an additional 167 shares in the last quarter. Cerity Partners LLC grew its stake in iShares U.S. Equity Factor ETF by 0.3% during the 2nd quarter. Cerity Partners LLC now owns 51,042 shares of the company’s stock valued at $3,273,000 after acquiring an additional 175 shares in the last quarter. Assetmark Inc. grew its stake in iShares U.S. Equity Factor ETF by 19.8% during the 3rd quarter. Assetmark Inc. now owns 1,127 shares of the company’s stock valued at $78,000 after acquiring an additional 186 shares in the last quarter. Planned Solutions Inc. increased its holdings in shares of iShares U.S. Equity Factor ETF by 1.2% in the 2nd quarter. Planned Solutions Inc. now owns 19,185 shares of the company’s stock valued at $1,230,000 after purchasing an additional 233 shares during the period. Finally, Savvy Advisors Inc. lifted its position in shares of iShares U.S. Equity Factor ETF by 4.3% in the fourth quarter. Savvy Advisors Inc. now owns 5,682 shares of the company’s stock worth $395,000 after purchasing an additional 235 shares in 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.