Envestnet Portfolio Solutions Inc. Invests $1.79 Million in Global X Adaptive U.S. Factor ETF $AUSF

Envestnet Portfolio Solutions Inc. purchased a new position in shares of Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) in the second quarter, Holdings Channel.com reports. The fund purchased 40,057 shares of the company’s stock, valued at approximately $1,791,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. grew its position in Global X Adaptive U.S. Factor ETF by 24.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,156 shares of the company’s stock worth $269,000 after acquiring an additional 1,218 shares during the last quarter. Janney Montgomery Scott LLC grew its position in 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 worth $798,000 after acquiring an additional 2,793 shares during the last quarter. LPL Financial LLC grew its position in Global X Adaptive U.S. Factor ETF by 32.0% during the 1st quarter. LPL Financial LLC now owns 421,757 shares of the company’s stock worth $18,410,000 after acquiring an additional 102,354 shares during the last quarter. Cetera Investment Advisers grew its position in Global X Adaptive U.S. Factor ETF by 28.0% during the 1st quarter. Cetera Investment Advisers now owns 22,757 shares of the company’s stock worth $993,000 after acquiring an additional 4,978 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Global X Adaptive U.S. Factor ETF during the 2nd quarter worth $121,000.

Global X Adaptive U.S. Factor ETF Stock Up 1.1%

Shares of AUSF stock opened at $45.58 on Friday. The firm has a market capitalization of $725.63 million, a P/E ratio of 13.73 and a beta of 0.92. Global X Adaptive U.S. Factor ETF has a twelve month low of $38.55 and a twelve month high of $46.83. The stock’s fifty day simple moving average is $45.94 and its 200 day simple moving average is $44.34.

Global X Adaptive U.S. Factor ETF 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.