iShares Global Equity Factor ETF $GLOF Shares Acquired by Promus Capital LLC

Promus Capital LLC lifted its position in shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 7.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 248,459 shares of the company’s stock after buying an additional 17,864 shares during the period. iShares Global Equity Factor ETF accounts for approximately 8.2% of Promus Capital LLC’s portfolio, making the stock its 2nd largest holding. Promus Capital LLC owned approximately 8.57% of iShares Global Equity Factor ETF worth $12,824,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of GLOF. Belpointe Asset Management LLC purchased a new stake in iShares Global Equity Factor ETF in the 3rd quarter worth approximately $310,000. Triad Wealth Partners LLC purchased a new position in shares of iShares Global Equity Factor ETF during the 3rd quarter worth $229,000. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Global Equity Factor ETF during the third quarter worth $439,000. TFC Financial Management Inc. acquired a new stake in shares of iShares Global Equity Factor ETF during the third quarter worth $47,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of iShares Global Equity Factor ETF in the third quarter valued at $281,000.

iShares Global Equity Factor ETF Trading Up 1.0%

iShares Global Equity Factor ETF stock opened at $53.71 on Tuesday. The stock has a fifty day moving average price of $54.24 and a 200 day moving average price of $52.69. iShares Global Equity Factor ETF has a 52 week low of $37.65 and a 52 week high of $55.74. The firm has a market capitalization of $155.76 million, a P/E ratio of 17.48 and a beta of 0.91.

iShares Global Equity Factor ETF Profile

The iShares Global Equity Factor ETF (GLOF) is an exchange-traded fund that is based on the STOXX Global Equity Factor index. The fund tracks an index of large- and mid-cap equities from around the world. Stocks are selected and weighted to optimize exposure to five factors: quality, value, momentum, smaller size and low volatility. GLOF was launched on Apr 28, 2015 and is managed by BlackRock.