JPMorgan Chase & Co. Invests $70,000 in iShares Global Equity Factor ETF (NYSEARCA:GLOF)

JPMorgan Chase & Co. bought a new stake in shares of iShares Global Equity Factor ETF (NYSEARCA:GLOF) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 1,554 shares of the company’s stock, valued at approximately $70,000.

Separately, Flow Traders U.S. LLC purchased a new position in iShares Global Equity Factor ETF during the 3rd quarter valued at $1,130,000.

iShares Global Equity Factor ETF Trading Down 1.0 %

Shares of NYSEARCA GLOF opened at $44.53 on Tuesday. The firm has a fifty day simple moving average of $44.45 and a two-hundred day simple moving average of $43.90. iShares Global Equity Factor ETF has a 12 month low of $38.67 and a 12 month high of $45.97. The firm has a market capitalization of $133.59 million, a PE ratio of 15.45 and a beta of 0.93.

iShares Global Equity Factor ETF 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.