Global X Adaptive U.S. Factor ETF $AUSF Stock Purchased by Sierra Ocean LLC

Sierra Ocean LLC boosted its stake in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 33.1% in the 3rd quarter, Holdings Channel reports. The firm owned 244,729 shares of the company’s stock after purchasing an additional 60,905 shares during the period. Global X Adaptive U.S. Factor ETF comprises about 7.4% of Sierra Ocean LLC’s portfolio, making the stock its 4th largest holding. Sierra Ocean LLC’s holdings in Global X Adaptive U.S. Factor ETF were worth $11,921,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Horizon Wealth Management LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF during the third quarter worth $205,000. Kestra Advisory Services LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the third quarter valued at $5,872,000. Commonwealth Equity Services LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at $57,191,000. ARQ Wealth Advisors LLC raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 13.3% in the 3rd quarter. ARQ Wealth Advisors LLC now owns 405,356 shares of the company’s stock valued at $19,745,000 after buying an additional 47,479 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at $34,000.

Global X Adaptive U.S. Factor ETF Trading Up 0.3%

AUSF opened at $50.01 on Friday. The stock’s 50-day moving average price is $50.59 and its 200 day moving average price is $49.86. Global X Adaptive U.S. Factor ETF has a 12-month low of $44.40 and a 12-month high of $52.79. The firm has a market cap of $871.17 million, a price-to-earnings ratio of 13.73 and a beta of 0.66.

Global X Adaptive U.S. Factor ETF 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.