Short Interest in iShares U.S. Equity Factor ETF (NYSEARCA:LRGF) Drops By 72.3%

by · The Cerbat Gem

iShares U.S. Equity Factor ETF (NYSEARCA:LRGF – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 19,968 shares, a drop of 72.3% from the August 15th total of 72,118 shares. Based on an average trading volume of 170,658 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of iShares U.S. Equity Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Annex Advisory Services LLC raised its holdings in shares of iShares U.S. Equity Factor ETF by 108.5% in the second quarter. Annex Advisory Services LLC now owns 2,839,647 shares of the company’s stock valued at $214,762,000 after buying an additional 1,477,785 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of iShares U.S. Equity Factor ETF by 1,092.7% during the fourth quarter. Corient Private Wealth LLC now owns 1,526,229 shares of the company’s stock worth $105,966,000 after buying an additional 1,398,261 shares during the last quarter. Bank of America Corp DE raised its stake in iShares U.S. Equity Factor ETF by 146.8% during the 2nd quarter. Bank of America Corp DE now owns 770,165 shares of the company’s stock valued at $49,391,000 after acquiring an additional 458,079 shares during the last quarter. Tolleson Wealth Management Inc. lifted its position in iShares U.S. Equity Factor ETF by 11.4% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 2,099,726 shares of the company’s stock worth $134,655,000 after acquiring an additional 215,653 shares during the period. Finally, Modern Wealth Management LLC grew its stake in shares of iShares U.S. Equity Factor ETF by 22.7% in the 1st quarter. Modern Wealth Management LLC now owns 1,051,355 shares of the company’s stock valued at $69,831,000 after purchasing an additional 194,532 shares during the last quarter.

iShares U.S. Equity Factor ETF Stock Up 0.9%

LRGF traded up $0.69 on Friday, reaching $78.12. The company had a trading volume of 61,843 shares, compared to its average volume of 209,812. iShares U.S. Equity Factor ETF has a 1 year low of $63.89 and a 1 year high of $79.44. The stock has a market capitalization of $3.68 billion, a PE ratio of 22.79 and a beta of 0.99. The stock has a 50-day moving average price of $77.32 and a 200-day moving average price of $73.62.

About iShares U.S. Equity Factor ETF

(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. LRGF was launched on Apr 30, 2015 and is managed by BlackRock.

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