Global X Adaptive U.S. Factor ETF $AUSF Shares Acquired by Royal Bank of Canada

Royal Bank of Canada grew its stake in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 120.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 297,945 shares of the company’s stock after buying an additional 163,006 shares during the period. Royal Bank of Canada owned 1.69% of Global X Adaptive U.S. Factor ETF worth $14,406,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Laurel Wealth Advisors LLC acquired a new position in shares of Global X Adaptive U.S. Factor ETF in the 4th quarter valued at $36,000. Kestra Advisory Services LLC acquired a new stake in Global X Adaptive U.S. Factor ETF during the 4th quarter worth about $70,000. Advisors Preferred LLC increased its holdings in shares of Global X Adaptive U.S. Factor ETF by 119.1% in the first quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock valued at $101,000 after purchasing an additional 1,137 shares during the period. Advisory Services Network LLC acquired a new position in shares of Global X Adaptive U.S. Factor ETF in the third quarter valued at about $193,000. Finally, Perigon Wealth Management LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF in the fourth quarter worth about $212,000.

Global X Adaptive U.S. Factor ETF Stock Up 0.3%

Shares of NYSEARCA AUSF opened at $51.87 on Friday. Global X Adaptive U.S. Factor ETF has a 52 week low of $44.35 and a 52 week high of $52.65. The business’s 50 day moving average price is $50.05 and its 200 day moving average price is $49.33. The firm has a market cap of $906.17 million, a P/E ratio of 13.73 and a beta of 0.66.

Global X Adaptive U.S. Factor ETF Company Profile

The Global X Adaptive U.S. Factor ETF (AUSF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks with exposure to value, momentum, and\u002For low volatility factors. Factor exposure is determined by the recent performance of each factor. AUSF was launched on Aug 24, 2018 and is managed by Global X.