Promus Capital LLC Buys Shares of 288,676 iShares Global Equity Factor ETF (NYSEARCA:GLOF)

Promus Capital LLC bought a new stake in shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 288,676 shares of the company’s stock, valued at approximately $12,519,000. iShares Global Equity Factor ETF accounts for about 11.8% of Promus Capital LLC’s portfolio, making the stock its 2nd biggest holding. Promus Capital LLC owned about 9.62% of iShares Global Equity Factor ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Flow Traders U.S. LLC bought a new stake in iShares Global Equity Factor ETF during the 3rd quarter worth approximately $1,130,000. JPMorgan Chase & Co. bought a new stake in iShares Global Equity Factor ETF during the 3rd quarter worth approximately $70,000. DGS Capital Management LLC increased its holdings in iShares Global Equity Factor ETF by 5.5% during the 4th quarter. DGS Capital Management LLC now owns 150,195 shares of the company’s stock worth $6,514,000 after acquiring an additional 7,871 shares during the period. M Wealth Management LLC bought a new stake in iShares Global Equity Factor ETF during the 4th quarter worth approximately $334,000. Finally, LifeGoal Wealth Advisors bought a new stake in iShares Global Equity Factor ETF during the 4th quarter worth approximately $4,489,000.

iShares Global Equity Factor ETF Price Performance

Shares of NYSEARCA:GLOF opened at $44.43 on Thursday. The company’s fifty day moving average price is $44.52 and its 200-day moving average price is $44.36. The firm has a market capitalization of $119.96 million, a price-to-earnings ratio of 18.34 and a beta of 0.93. iShares Global Equity Factor ETF has a one year low of $39.35 and a one year high of $45.97.

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.