Hsbc Holdings PLC Has $2.43 Million Stock Holdings in iShares Global Equity Factor ETF $GLOF

Hsbc Holdings PLC raised its position in iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 79.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,551 shares of the company’s stock after acquiring an additional 20,560 shares during the period. Hsbc Holdings PLC owned about 1.39% of iShares Global Equity Factor ETF worth $2,426,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GLOF. Ignite Planners LLC increased its holdings in iShares Global Equity Factor ETF by 35.1% in the 4th quarter. Ignite Planners LLC now owns 82,038 shares of the company’s stock valued at $4,452,000 after buying an additional 21,333 shares during the period. Elevated Capital Advisors LLC acquired a new stake in shares of iShares Global Equity Factor ETF during the 4th quarter valued at about $60,000. 5T Wealth LLC increased its stake in iShares Global Equity Factor ETF by 5.9% in the fourth quarter. 5T Wealth LLC now owns 41,295 shares of the company’s stock valued at $2,180,000 after acquiring an additional 2,290 shares during the period. NewEdge Advisors LLC acquired a new position in iShares Global Equity Factor ETF in the fourth quarter worth about $883,000. Finally, Modern Wealth Management LLC raised its position in iShares Global Equity Factor ETF by 1.5% in the second quarter. Modern Wealth Management LLC now owns 16,735 shares of the company’s stock worth $807,000 after purchasing an additional 242 shares in the last quarter.

iShares Global Equity Factor ETF Trading Down 0.2%

NYSEARCA GLOF opened at $58.29 on Friday. The stock’s 50 day moving average is $58.80 and its two-hundred day moving average is $56.07. The company has a market capitalization of $212.76 million, a price-to-earnings ratio of 17.48 and a beta of 0.91. iShares Global Equity Factor ETF has a 1-year low of $48.08 and a 1-year high of $60.31.

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. GLOF was launched on Apr 28, 2015 and is managed by BlackRock.