iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) saw unusually-high trading volume on Tuesday . Approximately 523,254 shares traded hands during mid-day trading, an increase of 320% from the previous session’s volume of 124,575 shares.The stock last traded at $62.52 and had previously closed at $62.67.

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

The stock has a market capitalization of $2.23 billion, a P/E ratio of 21.21 and a beta of 1.02. The stock’s fifty day moving average price is $60.55 and its two-hundred day moving average price is $57.72.

Institutional Investors Weigh In On iShares U.S. Equity Factor ETF

Several institutional investors have recently bought and sold shares of LRGF. Allworth Financial LP increased its position in shares of iShares U.S. Equity Factor ETF by 0.4% in the third quarter. Allworth Financial LP now owns 49,452 shares of the company’s stock valued at $2,906,000 after acquiring an additional 173 shares during the period. Nova R Wealth Inc. raised its position in iShares U.S. Equity Factor ETF by 0.3% during the 3rd quarter. Nova R Wealth Inc. now owns 99,899 shares of the company’s stock valued at $5,871,000 after purchasing an additional 282 shares during the last quarter. Private Advisor Group LLC lifted its holdings in iShares U.S. Equity Factor ETF by 2.4% in the 2nd quarter. Private Advisor Group LLC now owns 13,301 shares of the company’s stock worth $741,000 after buying an additional 317 shares during the period. JGP Wealth Management LLC grew its position in shares of iShares U.S. Equity Factor ETF by 10.8% in the 3rd quarter. JGP Wealth Management LLC now owns 4,440 shares of the company’s stock worth $261,000 after buying an additional 433 shares during the last quarter. Finally, Planned Solutions Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 3.2% during the second quarter. Planned Solutions Inc. now owns 15,695 shares of the company’s stock valued at $874,000 after acquiring an additional 492 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.