Hsbc Holdings PLC Acquires Shares of 25,991 iShares Global Equity Factor ETF $GLOF

Hsbc Holdings PLC bought a new position in iShares Global Equity Factor ETF (NYSEARCA:GLOF) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 25,991 shares of the company’s stock, valued at approximately $1,372,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Modern Wealth Management LLC lifted its position in 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 buying an additional 242 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of iShares Global Equity Factor ETF by 12.5% in the fourth quarter. Osaic Holdings Inc. now owns 4,015 shares of the company’s stock valued at $212,000 after purchasing an additional 445 shares during the period. Camarda Financial Advisors LLC increased its position in iShares Global Equity Factor ETF by 1.8% during the fourth quarter. Camarda Financial Advisors LLC now owns 39,824 shares of the company’s stock worth $2,102,000 after purchasing an additional 703 shares during the last quarter. Elevated Capital Advisors LLC acquired a new stake in iShares Global Equity Factor ETF during the fourth quarter worth about $60,000. Finally, Sankala Group LLC acquired a new stake in iShares Global Equity Factor ETF during the fourth quarter worth about $64,000.

iShares Global Equity Factor ETF Price Performance

Shares of GLOF stock opened at $58.61 on Thursday. The company has a market capitalization of $211.00 million, a PE ratio of 17.48 and a beta of 0.91. The firm’s 50-day moving average is $58.33 and its two-hundred day moving average is $55.37. iShares Global Equity Factor ETF has a 12 month low of $48.07 and a 12 month high of $60.31.

iShares Global Equity Factor ETF Company 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.