Seros Financial LLC Grows Stock Holdings in Global X Adaptive U.S. Factor ETF $AUSF

Seros Financial LLC raised its position in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,411 shares of the company’s stock after purchasing an additional 10,239 shares during the period. Global X Adaptive U.S. Factor ETF makes up approximately 1.6% of Seros Financial LLC’s investment portfolio, making the stock its 6th biggest position. Seros Financial LLC’s holdings in Global X Adaptive U.S. Factor ETF were worth $10,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC bought a new position in shares of Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at $28,000. Root Financial Partners LLC bought a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth $33,000. IFP Advisors Inc acquired a new stake in Global X Adaptive U.S. Factor ETF in the second quarter valued at about $70,000. Ameritas Advisory Services LLC bought a new position in Global X Adaptive U.S. Factor ETF in the second quarter valued at about $121,000. Finally, Janney Montgomery Scott LLC raised its stake in Global X Adaptive U.S. Factor ETF by 19.0% during the second quarter. Janney Montgomery Scott LLC now owns 21,764 shares of the company’s stock worth $973,000 after acquiring an additional 3,474 shares in the last quarter.

Global X Adaptive U.S. Factor ETF Trading Up 0.2%

AUSF opened at $49.15 on Thursday. The company has a market cap of $803.11 million, a P/E ratio of 13.73 and a beta of 0.76. The company’s 50 day moving average is $47.21 and its 200-day moving average is $46.16. Global X Adaptive U.S. Factor ETF has a 1-year low of $38.55 and a 1-year high of $49.30.

Global X Adaptive U.S. Factor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Wednesday, February 4th will be issued a dividend of $0.3073 per share. This represents a $1.23 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Wednesday, February 4th. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12.

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.