iShares Global Equity Factor ETF (NYSEARCA:GLOF) Trading Up 0.4% – Time to Buy?

iShares Global Equity Factor ETF (NYSEARCA:GLOFGet Free Report)’s stock price were up 0.4% on Wednesday . The company traded as high as $45.00 and last traded at $44.92. Approximately 4,015 shares traded hands during trading, a decline of 33% from the average daily volume of 6,032 shares. The stock had previously closed at $44.75.

iShares Global Equity Factor ETF Stock Up 0.4 %

The company has a market cap of $134.76 million, a PE ratio of 15.45 and a beta of 0.93. The business’s fifty day moving average is $44.37 and its 200-day moving average is $43.81.

Hedge Funds Weigh In On iShares Global Equity Factor ETF

Several large investors have recently added to or reduced their stakes in GLOF. DGS Capital Management LLC increased its position in iShares Global Equity Factor ETF by 5.5% in the fourth quarter. DGS Capital Management LLC now owns 150,195 shares of the company’s stock worth $6,514,000 after purchasing an additional 7,871 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in iShares Global Equity Factor ETF in the third quarter worth $70,000. Flow Traders U.S. LLC bought a new stake in iShares Global Equity Factor ETF in the third quarter worth $1,130,000. Finally, Hsbc Holdings PLC increased its position in 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 worth $4,756,000 after purchasing an additional 70,676 shares during the last quarter.

About iShares Global Equity Factor ETF

(Get Free Report)

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.

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