Channel Wealth LLC Invests $6.01 Million in Global X Adaptive US Factor ETF (NYSEARCA:AUSF)

Channel Wealth LLC bought a new position in shares of Global X Adaptive US Factor ETF (NYSEARCA:AUSF) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 143,048 shares of the company’s stock, valued at approximately $6,008,000. Global X Adaptive US Factor ETF makes up about 2.0% of Channel Wealth LLC’s investment portfolio, making the stock its 13th biggest position. Channel Wealth LLC owned 2.30% of Global X Adaptive US Factor ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Arete Wealth Advisors LLC boosted its stake in Global X Adaptive US Factor ETF by 3.6% in the third quarter. Arete Wealth Advisors LLC now owns 27,603 shares of the company’s stock valued at $1,173,000 after buying an additional 951 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in Global X Adaptive US Factor ETF in the fourth quarter valued at about $45,000. Thrivent Financial for Lutherans boosted its stake in Global X Adaptive US Factor ETF by 52.4% in the third quarter. Thrivent Financial for Lutherans now owns 11,754 shares of the company’s stock valued at $502,000 after buying an additional 4,043 shares in the last quarter. Able Wealth Management LLC boosted its stake in Global X Adaptive US Factor ETF by 19.9% in the third quarter. Able Wealth Management LLC now owns 32,156 shares of the company’s stock valued at $1,373,000 after buying an additional 5,345 shares in the last quarter. Finally, Creative Planning acquired a new stake in Global X Adaptive US Factor ETF in the third quarter valued at about $280,000.

Global X Adaptive US Factor ETF Trading Up 1.0 %

Global X Adaptive US Factor ETF stock opened at $43.28 on Friday. The company has a market capitalization of $268.77 million, a PE ratio of 21.11 and a beta of 0.92. Global X Adaptive US Factor ETF has a 12 month low of $36.38 and a 12 month high of $45.31. The stock has a 50-day moving average price of $43.29 and a two-hundred day moving average price of $42.32.

About Global X Adaptive US 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.