Able Wealth Management LLC Lowers Stock Holdings in Global X Adaptive U.S. Factor ETF $AUSF

Able Wealth Management LLC cut its position in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 46.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 79,411 shares of the company’s stock after selling 70,167 shares during the period. Able Wealth Management LLC’s holdings in Global X Adaptive U.S. Factor ETF were worth $3,840,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in Global X Adaptive U.S. Factor ETF during the 4th quarter worth about $36,000. Kestra Advisory Services LLC acquired a new position in Global X Adaptive U.S. Factor ETF in the 4th quarter valued at about $70,000. IFP Advisors Inc grew its position in Global X Adaptive U.S. Factor ETF by 100.9% in the 3rd quarter. IFP Advisors Inc now owns 3,132 shares of the company’s stock valued at $146,000 after acquiring an additional 1,573 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the third quarter worth about $193,000. Finally, Perigon Wealth Management LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the fourth quarter worth about $212,000.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of AUSF opened at $49.27 on Thursday. The stock has a market capitalization of $855.33 million, a PE ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a 1 year low of $43.78 and a 1 year high of $50.44. The company’s 50-day simple moving average is $49.02 and its 200-day simple moving average is $48.63.

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.