Hsbc Holdings PLC Acquires Shares of 25,991 iShares Global Equity Factor ETF $GLOF

Hsbc Holdings PLC bought a new stake in iShares Global Equity Factor ETF (NYSEARCA:GLOF) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,991 shares of the company’s stock, valued at approximately $1,372,000. Hsbc Holdings PLC owned 0.90% of iShares Global Equity Factor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GLOF. Ignite Planners LLC boosted its holdings in iShares Global Equity Factor ETF by 35.1% in the 4th quarter. Ignite Planners LLC now owns 82,038 shares of the company’s stock worth $4,452,000 after buying an additional 21,333 shares during the last quarter. Promus Capital LLC raised its holdings in shares of iShares Global Equity Factor ETF by 7.7% during the third quarter. Promus Capital LLC now owns 248,459 shares of the company’s stock valued at $12,824,000 after acquiring an additional 17,864 shares during the last quarter. Elevated Capital Advisors LLC acquired a new position in shares of iShares Global Equity Factor ETF during the fourth quarter valued at approximately $60,000. 5T Wealth LLC lifted its position in shares of iShares Global Equity Factor ETF by 5.9% in the fourth quarter. 5T Wealth LLC now owns 41,295 shares of the company’s stock valued at $2,180,000 after acquiring an additional 2,290 shares in the last quarter. Finally, Citadel Advisors LLC lifted its position in shares of iShares Global Equity Factor ETF by 63.0% in the third quarter. Citadel Advisors LLC now owns 37,898 shares of the company’s stock valued at $1,956,000 after acquiring an additional 14,645 shares in the last quarter.

iShares Global Equity Factor ETF Price Performance

Shares of NYSEARCA:GLOF opened at $58.61 on Thursday. The business’s 50 day moving average price is $58.33 and its 200-day moving average price is $55.37. The firm has a market capitalization of $211.00 million, a PE ratio of 17.48 and a beta of 0.91. iShares Global Equity Factor ETF has a 1 year low of $48.07 and a 1 year high of $60.31.

iShares Global Equity Factor ETF Company Profile

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.