ARQ Wealth Advisors LLC Grows Stock Position in Global X Adaptive U.S. Factor ETF $AUSF

ARQ Wealth Advisors LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 14.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 261,202 shares of the company’s stock after acquiring an additional 32,945 shares during the quarter. Global X Adaptive U.S. Factor ETF accounts for approximately 2.3% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest position. ARQ Wealth Advisors LLC owned 1.48% of Global X Adaptive U.S. Factor ETF worth $12,629,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AUSF. Laurel Wealth Advisors LLC bought a new stake in shares of Global X Adaptive U.S. Factor ETF during the 4th quarter valued at approximately $36,000. Kestra Advisory Services LLC acquired a new stake in Global X Adaptive U.S. Factor ETF in the fourth quarter valued at approximately $70,000. IFP Advisors Inc grew its stake in shares of Global X Adaptive U.S. Factor ETF by 100.9% during the third quarter. IFP Advisors Inc now owns 3,132 shares of the company’s stock worth $146,000 after buying an additional 1,573 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Global X Adaptive U.S. Factor ETF during the third quarter worth $193,000. Finally, Perigon Wealth Management LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 4th quarter valued at $212,000.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of NYSEARCA:AUSF traded up $0.24 during midday trading on Friday, hitting $50.09. 57,360 shares of the stock were exchanged, compared to its average volume of 82,560. The business’s 50-day moving average price is $49.13 and its 200 day moving average price is $48.77. Global X Adaptive U.S. Factor ETF has a 12 month low of $43.78 and a 12 month high of $50.44. The stock has a market capitalization of $867.06 million, a price-to-earnings ratio of 13.73 and a beta of 0.66.

Global X Adaptive U.S. Factor ETF Company 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.