Meridian Wealth Management LLC Boosts Stock Position in Global X Adaptive U.S. Factor ETF $AUSF

Meridian Wealth Management LLC boosted its holdings in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 289,957 shares of the company’s stock after buying an additional 11,376 shares during the period. Meridian Wealth Management LLC owned 1.77% of Global X Adaptive U.S. Factor ETF worth $13,445,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Northeast Planning Associates INC. NH boosted its stake in Global X Adaptive U.S. Factor ETF by 7.8% in the 4th quarter. Northeast Planning Associates INC. NH now owns 41,470 shares of the company’s stock worth $1,923,000 after buying an additional 3,018 shares during the last quarter. Channel Wealth LLC boosted its stake in Global X Adaptive U.S. Factor ETF by 3.3% in the 4th quarter. Channel Wealth LLC now owns 171,868 shares of the company’s stock worth $7,970,000 after buying an additional 5,501 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in Global X Adaptive U.S. Factor ETF by 155.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 28,976 shares of the company’s stock worth $1,344,000 after buying an additional 17,649 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in Global X Adaptive U.S. Factor ETF in the 4th quarter worth about $36,000. Finally, Bogart Wealth LLC boosted its stake in Global X Adaptive U.S. Factor ETF by 3.1% in the 4th quarter. Bogart Wealth LLC now owns 957,324 shares of the company’s stock worth $44,391,000 after buying an additional 28,863 shares during the last quarter.

Global X Adaptive U.S. Factor ETF Trading Down 0.7%

Shares of NYSEARCA:AUSF opened at $48.18 on Tuesday. The stock’s 50-day moving average price is $48.83 and its two-hundred day moving average price is $47.71. Global X Adaptive U.S. Factor ETF has a 12-month low of $42.67 and a 12-month high of $50.44. The firm has a market cap of $850.38 million, a price-to-earnings ratio of 13.73 and a beta of 0.67.

Global X Adaptive U.S. Factor ETF Company Profile

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.