Raymond James Financial Inc. Invests $5.92 Million in Global X Adaptive US Factor ETF (NYSEARCA:AUSF)

Raymond James Financial Inc. purchased a new stake in Global X Adaptive US Factor ETF (NYSEARCA:AUSF) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 140,834 shares of the company’s stock, valued at approximately $5,915,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its holdings in shares of Global X Adaptive US Factor ETF by 8.9% during the fourth quarter. Private Advisor Group LLC now owns 218,104 shares of the company’s stock valued at $9,160,000 after acquiring an additional 17,805 shares during the last quarter. Channel Wealth LLC acquired a new stake in shares of Global X Adaptive US Factor ETF in the fourth quarter worth approximately $6,008,000. Concurrent Investment Advisors LLC increased its position in shares of Global X Adaptive US Factor ETF by 4.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 75,147 shares of the company’s stock worth $3,156,000 after purchasing an additional 3,114 shares in the last quarter. Able Wealth Management LLC raised its stake in Global X Adaptive US Factor ETF by 27.1% in the 4th quarter. Able Wealth Management LLC now owns 40,874 shares of the company’s stock valued at $1,717,000 after purchasing an additional 8,718 shares during the last quarter. Finally, Arete Wealth Advisors LLC lifted its holdings in Global X Adaptive US Factor ETF by 3.6% in the 3rd quarter. Arete Wealth Advisors LLC now owns 27,603 shares of the company’s stock valued at $1,173,000 after purchasing an additional 951 shares in the last quarter.

Global X Adaptive US Factor ETF Stock Up 1.1 %

Global X Adaptive US Factor ETF stock opened at $43.60 on Tuesday. The company has a fifty day simple moving average of $43.36 and a 200-day simple moving average of $43.12. The firm has a market capitalization of $454.31 million, a price-to-earnings ratio of 14.81 and a beta of 0.92. Global X Adaptive US Factor ETF has a 52-week low of $38.55 and a 52-week high of $45.31.

About Global X Adaptive US Factor ETF

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.