Hsbc Holdings PLC Has $2.43 Million Holdings in iShares Global Equity Factor ETF $GLOF

Hsbc Holdings PLC boosted its holdings in shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 79.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,551 shares of the company’s stock after purchasing an additional 20,560 shares during the period. Hsbc Holdings PLC’s holdings in iShares Global Equity Factor ETF were worth $2,426,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GLOF. Ignite Planners LLC lifted its position in iShares Global Equity Factor ETF by 35.1% during the 4th quarter. Ignite Planners LLC now owns 82,038 shares of the company’s stock worth $4,452,000 after buying an additional 21,333 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in iShares Global Equity Factor ETF in the 4th quarter valued at about $60,000. 5T Wealth LLC raised its stake in shares of iShares Global Equity Factor ETF by 5.9% in the fourth quarter. 5T Wealth LLC now owns 41,295 shares of the company’s stock worth $2,180,000 after acquiring an additional 2,290 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of iShares Global Equity Factor ETF in the fourth quarter worth about $883,000. Finally, Modern Wealth Management LLC lifted its position in shares of iShares Global Equity Factor ETF by 1.5% during the second quarter. Modern Wealth Management LLC now owns 16,735 shares of the company’s stock worth $807,000 after purchasing an additional 242 shares in the last quarter.

iShares Global Equity Factor ETF Stock Down 0.2%

GLOF stock opened at $58.29 on Friday. iShares Global Equity Factor ETF has a twelve month low of $48.08 and a twelve month high of $60.31. The company has a market cap of $212.76 million, a P/E ratio of 17.48 and a beta of 0.91. The business has a fifty day moving average of $58.80 and a 200-day moving average of $56.07.

About iShares Global Equity Factor ETF

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.