Waverly Advisors LLC Raises Position in iShares Global Equity Factor ETF $GLOF

Waverly Advisors LLC raised its position in shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 12.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 257,783 shares of the company’s stock after acquiring an additional 27,743 shares during the quarter. Waverly Advisors LLC owned approximately 7.47% of iShares Global Equity Factor ETF worth $13,436,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Fifth Third Bancorp purchased a new position in shares of iShares Global Equity Factor ETF during the 1st quarter worth approximately $133,000. Hsbc Holdings PLC boosted its position in shares of iShares Global Equity Factor ETF by 79.1% during the first quarter. Hsbc Holdings PLC now owns 46,551 shares of the company’s stock valued at $2,426,000 after purchasing an additional 20,560 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of iShares Global Equity Factor ETF by 55.1% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,340 shares of the company’s stock valued at $124,000 after purchasing an additional 831 shares in the last quarter. WBH Advisory Inc. purchased a new stake in iShares Global Equity Factor ETF in the first quarter worth $310,000. Finally, Triad Wealth Partners LLC grew its stake in iShares Global Equity Factor ETF by 65.9% in the first quarter. Triad Wealth Partners LLC now owns 7,337 shares of the company’s stock worth $382,000 after purchasing an additional 2,914 shares during the period.

iShares Global Equity Factor ETF Stock Performance

GLOF opened at $58.29 on Monday. The company has a market cap of $212.76 million, a price-to-earnings ratio of 17.48 and a beta of 0.91. The stock has a fifty day simple moving average of $58.80 and a two-hundred day simple moving average of $56.09. iShares Global Equity Factor ETF has a 12-month low of $48.08 and a 12-month high of $60.31.

iShares Global Equity Factor ETF 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.