Sierra Ocean LLC Acquires 60,905 Shares of Global X Adaptive U.S. Factor ETF $AUSF

Sierra Ocean LLC boosted its holdings in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 33.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 244,729 shares of the company’s stock after acquiring an additional 60,905 shares during the quarter. Global X Adaptive U.S. Factor ETF comprises 7.4% of Sierra Ocean LLC’s holdings, making the stock its 4th largest holding. Sierra Ocean LLC owned approximately 1.41% of Global X Adaptive U.S. Factor ETF worth $11,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AUSF. Wellington Grp LLC acquired a new position in shares of Global X Adaptive U.S. Factor ETF in the 1st quarter valued at $29,000. Root Financial Partners LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth $34,000. Advisors Preferred LLC increased its position in shares of Global X Adaptive U.S. Factor ETF by 119.1% during the 1st quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock worth $101,000 after purchasing an additional 1,137 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 2nd quarter worth about $149,000. Finally, Horizon Wealth Management LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth about $205,000.

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

Shares of AUSF opened at $50.01 on Friday. The firm has a market cap of $871.17 million, a P/E ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a 12-month low of $44.40 and a 12-month high of $52.79. The company’s 50-day moving average price is $50.59 and its 200 day moving average price is $49.86.

About Global X Adaptive U.S. Factor ETF

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.