Wealth Enhancement Advisory Services LLC Sells 32,136 Shares of Global X Adaptive U.S. Risk Management ETF $ONOF

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) by 1.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,656,474 shares of the company’s stock after selling 32,136 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.71% of Global X Adaptive U.S. Risk Management ETF worth $98,741,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in Global X Adaptive U.S. Risk Management ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock worth $197,000 after purchasing an additional 298 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Global X Adaptive U.S. Risk Management ETF in the 2nd quarter valued at about $91,000. Finally, Laurel Wealth Advisors LLC increased its position in Global X Adaptive U.S. Risk Management ETF by 3,331.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 14,104 shares of the company’s stock valued at $484,000 after buying an additional 13,693 shares in the last quarter.

Global X Adaptive U.S. Risk Management ETF Trading Down 0.0%

NYSEARCA ONOF opened at $38.14 on Monday. The company has a market cap of $202.52 million, a P/E ratio of 26.12 and a beta of 0.80. The company has a fifty day simple moving average of $37.79 and a 200 day simple moving average of $36.71. Global X Adaptive U.S. Risk Management ETF has a 12-month low of $28.60 and a 12-month high of $38.49.

Global X Adaptive U.S. Risk Management ETF Profile

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.