Coulter & Justus Financial Services LLC Reduces Stake in iShares Global Equity Factor ETF (NYSEARCA:GLOF)

Coulter & Justus Financial Services LLC reduced its position in iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 1.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,225 shares of the company’s stock after selling 1,332 shares during the period. iShares Global Equity Factor ETF comprises 2.0% of Coulter & Justus Financial Services LLC’s investment portfolio, making the stock its 13th biggest position. Coulter & Justus Financial Services LLC owned approximately 2.30% of iShares Global Equity Factor ETF worth $2,962,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of GLOF. ARQ Wealth Advisors LLC purchased a new position in iShares Global Equity Factor ETF during the third quarter worth $227,000. Saxony Capital Management LLC purchased a new position in iShares Global Equity Factor ETF during the fourth quarter worth $270,000. Advisors Preferred LLC acquired a new stake in shares of iShares Global Equity Factor ETF during the third quarter worth $311,000. Waddell & Associates LLC acquired a new stake in shares of iShares Global Equity Factor ETF during the third quarter worth $316,000. Finally, SYM FINANCIAL Corp acquired a new stake in shares of iShares Global Equity Factor ETF during the third quarter worth $338,000.

iShares Global Equity Factor ETF Stock Up 1.1 %

Shares of GLOF stock traded up $0.45 during mid-day trading on Thursday, hitting $40.30. 4,197 shares of the company’s stock were exchanged, compared to its average volume of 10,211. iShares Global Equity Factor ETF has a fifty-two week low of $32.86 and a fifty-two week high of $41.46. The stock has a 50-day simple moving average of $40.55 and a two-hundred day simple moving average of $38.24. The stock has a market cap of $120.90 million, a price-to-earnings ratio of 15.25 and a beta of 0.93.

About iShares Global Equity Factor ETF

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.