Northwestern Mutual Wealth Management Co. Boosts Position in Global X Adaptive U.S. Factor ETF $AUSF

Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 8.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 250,377 shares of the company’s stock after purchasing an additional 19,306 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.53% of Global X Adaptive U.S. Factor ETF worth $11,610,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the fourth quarter worth $36,000. Advisors Preferred LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the third quarter worth $120,000. IFP Advisors Inc boosted its position in Global X Adaptive U.S. Factor ETF by 100.9% during the third quarter. IFP Advisors Inc now owns 3,132 shares of the company’s stock worth $146,000 after purchasing an additional 1,573 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the third quarter worth $193,000. Finally, Perigon Wealth Management LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the fourth quarter worth $212,000.

Global X Adaptive U.S. Factor ETF Stock Performance

AUSF opened at $49.03 on Tuesday. The business’s fifty day moving average is $48.82 and its two-hundred day moving average is $48.09. The company has a market cap of $865.38 million, a price-to-earnings ratio of 13.73 and a beta of 0.67. Global X Adaptive U.S. Factor ETF has a one year low of $42.95 and a one year high of $50.44.

About Global X Adaptive U.S. Factor ETF

The Global X Adaptive U.S. Factor ETF (AUSF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks with exposure to value, momentum, and\u002For low volatility factors. Factor exposure is determined by the recent performance of each factor. AUSF was launched on Aug 24, 2018 and is managed by Global X.