Global X Adaptive U.S. Factor ETF $AUSF Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 35.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 125,791 shares of the company’s stock after purchasing an additional 33,088 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.78% of Global X Adaptive U.S. Factor ETF worth $5,851,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Grey Fox Wealth Advisors LLC purchased a new position in Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at about $28,000. Root Financial Partners LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the 3rd quarter worth approximately $33,000. Nova Wealth Management Inc. raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 62.3% during the third quarter. Nova Wealth Management Inc. now owns 12,372 shares of the company’s stock valued at $575,000 after acquiring an additional 4,747 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Global X Adaptive U.S. Factor ETF by 51.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 15,149 shares of the company’s stock valued at $705,000 after acquiring an additional 5,120 shares in the last quarter. Finally, Visionary Wealth Advisors lifted its position in shares of Global X Adaptive U.S. Factor ETF by 21.3% in the second quarter. Visionary Wealth Advisors now owns 34,374 shares of the company’s stock valued at $1,537,000 after acquiring an additional 6,045 shares in the last quarter.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of AUSF opened at $50.03 on Friday. The stock has a 50 day moving average price of $48.06 and a 200 day moving average price of $46.55. Global X Adaptive U.S. Factor ETF has a one year low of $38.55 and a one year high of $50.11. The stock has a market capitalization of $817.49 million, a price-to-earnings ratio of 13.73 and a beta of 0.76.

Global X Adaptive U.S. Factor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were given a $0.3073 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Wednesday, February 4th.

Global X Adaptive U.S. Factor ETF 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.