iShares Global Equity Factor ETF (NYSEARCA:GLOF) Stock Price Down 0.4% – Here’s What Happened

iShares Global Equity Factor ETF (NYSEARCA:GLOFGet Free Report) fell 0.4% during mid-day trading on Thursday . The stock traded as low as $54.69 and last traded at $54.85. 17,694 shares were traded during mid-day trading, an increase of 8% from the average session volume of 16,442 shares. The stock had previously closed at $55.06.

iShares Global Equity Factor ETF Stock Down 0.4%

The stock’s 50-day moving average price is $53.78 and its 200 day moving average price is $52.23. The firm has a market cap of $159.07 million, a price-to-earnings ratio of 17.48 and a beta of 0.91.

Institutional Trading of iShares Global Equity Factor ETF

Several institutional investors have recently modified their holdings of the company. Axxcess Wealth Management LLC acquired a new position in shares of iShares Global Equity Factor ETF in the 4th quarter valued at $1,702,000. NewEdge Advisors LLC bought a new position in shares of iShares Global Equity Factor ETF in the fourth quarter worth about $883,000. Camarda Financial Advisors LLC boosted its position in iShares Global Equity Factor ETF by 1.8% in the 4th quarter. Camarda Financial Advisors LLC now owns 39,824 shares of the company’s stock valued at $2,102,000 after buying an additional 703 shares during the last quarter. Osaic Holdings Inc. increased its position in iShares Global Equity Factor ETF by 12.5% in the fourth quarter. Osaic Holdings Inc. now owns 4,015 shares of the company’s stock worth $212,000 after purchasing an additional 445 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of iShares Global Equity Factor ETF by 80.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,708 shares of the company’s stock worth $301,000 after buying an additional 2,543 shares during the period.

iShares Global Equity Factor ETF Company Profile

(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. GLOF was launched on Apr 28, 2015 and is managed by BlackRock.

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