iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Sees Large Volume Increase – Should You Buy?

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) shares saw unusually-high trading volume on Tuesday . Approximately 483,582 shares traded hands during mid-day trading, an increase of 272% from the previous session’s volume of 129,965 shares.The stock last traded at $62.43 and had previously closed at $62.29.

iShares U.S. Equity Factor ETF Stock Performance

The company has a market capitalization of $2.46 billion, a PE ratio of 23.84 and a beta of 0.97. The company has a 50 day moving average price of $58.14 and a 200 day moving average price of $60.15.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in LRGF. Strategic Financial Services Inc. raised its position in shares of iShares U.S. Equity Factor ETF by 1.2% during the 1st quarter. Strategic Financial Services Inc. now owns 3,726,234 shares of the company’s stock valued at $215,674,000 after acquiring an additional 43,596 shares in the last quarter. Halbert Hargrove Global Advisors LLC increased its stake in iShares U.S. Equity Factor ETF by 1.2% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 3,390,727 shares of the company’s stock valued at $196,255,000 after purchasing an additional 41,212 shares during the last quarter. Tolleson Wealth Management Inc. raised its holdings in shares of iShares U.S. Equity Factor ETF by 2.5% during the first quarter. Tolleson Wealth Management Inc. now owns 1,884,073 shares of the company’s stock worth $109,050,000 after purchasing an additional 46,567 shares during the period. Wells Fargo & Company MN lifted its position in shares of iShares U.S. Equity Factor ETF by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,850,538 shares of the company’s stock worth $111,680,000 after buying an additional 57,157 shares during the last quarter. Finally, Plancorp LLC lifted its position in shares of iShares U.S. Equity Factor ETF by 5.1% in the 1st quarter. Plancorp LLC now owns 1,593,834 shares of the company’s stock worth $92,251,000 after buying an additional 78,002 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.