Waverly Advisors LLC Buys 27,743 Shares of iShares Global Equity Factor ETF $GLOF

Waverly Advisors LLC increased its stake in iShares Global Equity Factor ETF (NYSEARCA:GLOF) by 12.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 257,783 shares of the company’s stock after buying an additional 27,743 shares during the period. Waverly Advisors LLC owned 0.07% of iShares Global Equity Factor ETF worth $13,436,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLOF. Ignite Planners LLC grew its stake in shares of iShares Global Equity Factor ETF by 35.1% in the fourth quarter. Ignite Planners LLC now owns 82,038 shares of the company’s stock worth $4,452,000 after acquiring an additional 21,333 shares during the last quarter. Hsbc Holdings PLC purchased a new position in shares of iShares Global Equity Factor ETF in the 4th quarter worth about $1,372,000. Advisory Services Network LLC purchased a new position in shares of iShares Global Equity Factor ETF in the 3rd quarter worth about $71,000. Fifth Third Bancorp bought a new position in iShares Global Equity Factor ETF in the 1st quarter worth about $133,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in iShares Global Equity Factor ETF by 55.1% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,340 shares of the company’s stock worth $124,000 after purchasing an additional 831 shares in the last quarter.

iShares Global Equity Factor ETF Stock Performance

Shares of GLOF stock opened at $58.29 on Monday. 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 one year low of $48.08 and a one year high of $60.31. The company’s 50-day moving average is $58.80 and its 200 day moving average is $56.09.

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