ARQ Wealth Advisors LLC Sells 496 Shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF)

ARQ Wealth Advisors LLC cut its holdings in iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,118 shares of the company’s stock after selling 496 shares during the period. ARQ Wealth Advisors LLC owned approximately 0.18% of iShares Global Equity Factor ETF worth $232,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Saxony Capital Management LLC purchased a new position in shares of iShares Global Equity Factor ETF during the fourth quarter valued at about $270,000. Camarda Financial Advisors LLC purchased a new stake in iShares Global Equity Factor ETF in the third quarter worth about $1,465,000. Finally, Hsbc Holdings PLC purchased a new stake in iShares Global Equity Factor ETF in the third quarter worth about $3,384,000.

iShares Global Equity Factor ETF Trading Down 0.4 %

GLOF traded down $0.18 during midday trading on Friday, reaching $41.99. The company’s stock had a trading volume of 3,125 shares, compared to its average volume of 12,672. The firm has a market capitalization of $125.97 million, a price-to-earnings ratio of 15.45 and a beta of 0.93. iShares Global Equity Factor ETF has a 1 year low of $32.86 and a 1 year high of $42.49. The stock’s 50-day moving average is $41.27 and its 200-day moving average is $39.79.

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.