Commonwealth Equity Services LLC Has $765,000 Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

Commonwealth Equity Services LLC decreased its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU – Get Rating) by 30.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,744 shares of the company’s stock after selling 20,906 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Global X Cloud Computing ETF were worth $765,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CLOU. Millennium Management LLC raised its holdings in Global X Cloud Computing ETF by 476.2% in the 2nd quarter. Millennium Management LLC now owns 506,542 shares of the company’s stock valued at $8,353,000 after buying an additional 418,635 shares during the last quarter. Bank of America Corp DE increased its holdings in Global X Cloud Computing ETF by 65.2% in the first quarter. Bank of America Corp DE now owns 955,046 shares of the company’s stock valued at $21,001,000 after purchasing an additional 376,774 shares during the period. Jane Street Group LLC increased its holdings in Global X Cloud Computing ETF by 6,767.6% in the second quarter. Jane Street Group LLC now owns 272,577 shares of the company’s stock valued at $4,495,000 after purchasing an additional 268,608 shares during the period. First Republic Investment Management Inc. acquired a new stake in Global X Cloud Computing ETF in the second quarter valued at $3,053,000. Finally, One Plus One Wealth Management LLC bought a new stake in Global X Cloud Computing ETF in the fourth quarter valued at approximately $2,026,000.

Global X Cloud Computing ETF Stock Performance

NASDAQ:CLOU opened at $17.67 on Wednesday. The company has a market capitalization of $544.94 million, a PE ratio of 45.54 and a beta of 0.98. Global X Cloud Computing ETF has a fifty-two week low of $14.34 and a fifty-two week high of $19.83. The company has a 50 day simple moving average of $17.23 and a two-hundred day simple moving average of $17.53.

Global X Cloud Computing ETF Company Profile

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The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.