Royal Bank of Canada Grows Stock Position in Global X Adaptive U.S. Factor ETF $AUSF

Royal Bank of Canada lifted its stake in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 120.8% during the first quarter, Holdings Channel reports. The institutional investor owned 297,945 shares of the company’s stock after acquiring an additional 163,006 shares during the quarter. Royal Bank of Canada’s holdings in Global X Adaptive U.S. Factor ETF were worth $14,406,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Global X Adaptive U.S. Factor ETF by 31.8% in the fourth quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock valued at $58,091,000 after acquiring an additional 302,286 shares during the period. Raymond James Financial Inc. boosted its holdings in Global X Adaptive U.S. Factor ETF by 115.9% during the second quarter. Raymond James Financial Inc. now owns 326,204 shares of the company’s stock worth $14,581,000 after buying an additional 175,136 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Global X Adaptive U.S. Factor ETF by 35.7% during the fourth quarter. Private Advisor Group LLC now owns 428,231 shares of the company’s stock worth $19,857,000 after buying an additional 112,600 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in Global X Adaptive U.S. Factor ETF by 381.8% in the fourth quarter. CreativeOne Wealth LLC now owns 89,951 shares of the company’s stock valued at $4,171,000 after buying an additional 71,280 shares in the last quarter. Finally, MML Investors Services LLC purchased a new position in Global X Adaptive U.S. Factor ETF in the second quarter valued at $2,525,000.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of Global X Adaptive U.S. Factor ETF stock opened at $51.87 on Friday. The firm has a 50-day simple moving average of $50.05 and a two-hundred day simple moving average of $49.33. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $44.35 and a fifty-two week high of $52.65. The company has a market cap of $906.17 million, a P/E 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.