Able Wealth Management LLC Has $2.51 Million Stock Holdings in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF)

Able Wealth Management LLC boosted its holdings in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 40.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,489 shares of the company’s stock after acquiring an additional 16,615 shares during the quarter. Global X Adaptive U.S. Factor ETF accounts for about 1.4% of Able Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Able Wealth Management LLC’s holdings in Global X Adaptive U.S. Factor ETF were worth $2,509,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers grew its position in Global X Adaptive U.S. Factor ETF by 2.2% during the fourth quarter. Cetera Investment Advisers now owns 17,779 shares of the company’s stock valued at $747,000 after purchasing an additional 388 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 18.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 18,290 shares of the company’s stock valued at $798,000 after acquiring an additional 2,793 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Global X Adaptive U.S. Factor ETF during the 4th quarter valued at $5,915,000. LPL Financial LLC increased its stake in shares of Global X Adaptive U.S. Factor ETF by 55.2% in the fourth quarter. LPL Financial LLC now owns 319,403 shares of the company’s stock worth $13,414,000 after acquiring an additional 113,609 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 65.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 29,981 shares of the company’s stock worth $1,259,000 after acquiring an additional 11,831 shares in the last quarter.

Global X Adaptive U.S. Factor ETF Trading Up 0.6%

AUSF opened at $45.55 on Thursday. The stock has a fifty day moving average price of $43.51 and a 200 day moving average price of $42.98. Global X Adaptive U.S. Factor ETF has a 1 year low of $38.55 and a 1 year high of $45.72. The stock has a market cap of $592.61 million, a price-to-earnings ratio of 13.73 and a beta of 0.92.

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.