iShares Global Equity Factor ETF (NYSEARCA:GLOF) Stock Cross Above 200 Day Moving Average – Should You Sell?

iShares Global Equity Factor ETF (NYSEARCA:GLOF) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.22 and traded as high as $44.83. iShares Global Equity Factor ETF shares last traded at $44.83, with a volume of 4,179 shares traded.

iShares Global Equity Factor ETF Stock Performance

The stock has a 50-day moving average of $44.44 and a 200 day moving average of $43.22. The firm has a market capitalization of $134.49 million, a P/E ratio of 15.45 and a beta of 0.93.

Institutional Trading of iShares Global Equity Factor ETF

Several large investors have recently made changes to their positions in GLOF. ARQ Wealth Advisors LLC raised its holdings in shares of iShares Global Equity Factor ETF by 5.7% in the first quarter. ARQ Wealth Advisors LLC now owns 6,465 shares of the company’s stock valued at $267,000 after buying an additional 347 shares during the last quarter. Virtu Financial LLC acquired a new stake in iShares Global Equity Factor ETF in the 1st quarter valued at about $332,000. Elevated Capital Advisors LLC raised its stake in shares of iShares Global Equity Factor ETF by 7.6% in the second quarter. Elevated Capital Advisors LLC now owns 13,124 shares of the company’s stock worth $556,000 after acquiring an additional 926 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares Global Equity Factor ETF during the third quarter worth approximately $1,130,000. Finally, Hsbc Holdings PLC lifted its position in shares of iShares Global Equity Factor ETF by 170.1% during the second quarter. Hsbc Holdings PLC now owns 112,218 shares of the company’s stock worth $4,756,000 after purchasing an additional 70,676 shares in the last quarter.

iShares Global Equity Factor ETF Company Profile

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.