iShares Global Equity Factor ETF (NYSEARCA:GLOF) Shares Down 0.4%

iShares Global Equity Factor ETF (NYSEARCA:GLOF) shares traded down 0.4% during mid-day trading on Monday . The company traded as low as $43.74 and last traded at $43.74. 3,511 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 10,306 shares. The stock had previously closed at $43.93.

iShares Global Equity Factor ETF Stock Performance

The company has a 50-day moving average of $42.58 and a 200 day moving average of $41.50. The firm has a market cap of $131.22 million, a P/E ratio of 15.45 and a beta of 0.93.

Institutional Investors Weigh In On iShares Global Equity Factor ETF

Hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC increased its stake in shares of iShares Global Equity Factor ETF by 170.1% in the second quarter. Hsbc Holdings PLC now owns 112,218 shares of the company’s stock valued at $4,756,000 after buying an additional 70,676 shares in the last quarter. Elevated Capital Advisors LLC lifted its holdings in iShares Global Equity Factor ETF by 7.6% during the 2nd quarter. Elevated Capital Advisors LLC now owns 13,124 shares of the company’s stock worth $556,000 after buying an additional 926 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position in iShares Global Equity Factor ETF by 5.7% in the 1st quarter. ARQ Wealth Advisors LLC now owns 6,465 shares of the company’s stock valued at $267,000 after buying an additional 347 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of iShares Global Equity Factor ETF in the 1st quarter valued at $332,000. Finally, Camarda Financial Advisors LLC raised its position in shares of iShares Global Equity Factor ETF by 6.1% during the first quarter. Camarda Financial Advisors LLC now owns 45,192 shares of the company’s stock worth $1,867,000 after acquiring an additional 2,595 shares during the last quarter.

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.