Shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF – Get Free Report) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $57.90 and traded as high as $59.46. iShares Global Equity Factor ETF shares last traded at $59.33, with a volume of 31,668 shares changing hands.
iShares Global Equity Factor ETF Stock Up 2.6%
The firm’s 50-day moving average price is $60.60 and its two-hundred day moving average price is $57.90. The firm has a market capitalization of $201.72 million, a PE ratio of 17.48 and a beta of 0.93.
Institutional Trading of iShares Global Equity Factor ETF
A number of hedge funds have recently modified their holdings of the business. Citadel Advisors LLC acquired a new position in iShares Global Equity Factor ETF during the second quarter valued at $1,715,000. Waverly Advisors LLC lifted its stake in iShares Global Equity Factor ETF by 12.1% in the 1st quarter. Waverly Advisors LLC now owns 257,783 shares of the company’s stock worth $13,436,000 after acquiring an additional 27,743 shares in the last quarter. Empowered Funds LLC acquired a new stake in iShares Global Equity Factor ETF during the 1st quarter worth about $8,658,000. Hsbc Holdings PLC boosted its position in iShares Global Equity Factor ETF by 79.1% during the 1st quarter. Hsbc Holdings PLC now owns 46,551 shares of the company’s stock worth $2,426,000 after acquiring an additional 20,560 shares during the period. Finally, Ashton Thomas Securities LLC purchased a new position in iShares Global Equity Factor ETF during the 1st quarter valued at about $443,000.
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.
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