GeoWealth Management LLC Grows Holdings in Global X Cloud Computing ETF (NASDAQ:CLOU)

GeoWealth Management LLC boosted its position in Global X Cloud Computing ETF (NASDAQ:CLOU) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,376 shares of the company’s stock after buying an additional 504 shares during the quarter. GeoWealth Management LLC owned 0.05% of Global X Cloud Computing ETF worth $305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA acquired a new stake in shares of Global X Cloud Computing ETF during the first quarter worth approximately $32,000. Allworth Financial LP bought a new position in Global X Cloud Computing ETF during the 2nd quarter valued at $44,000. Oxford Financial Group Ltd. acquired a new position in Global X Cloud Computing ETF during the 4th quarter worth $37,000. Money Concepts Capital Corp bought a new stake in shares of Global X Cloud Computing ETF in the 4th quarter worth about $38,000. Finally, CWM LLC raised its stake in shares of Global X Cloud Computing ETF by 95.7% in the 2nd quarter. CWM LLC now owns 2,570 shares of the company’s stock valued at $51,000 after purchasing an additional 1,257 shares in the last quarter.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU stock opened at $20.32 on Tuesday. The stock has a market capitalization of $568.15 million, a price-to-earnings ratio of 45.54 and a beta of 0.98. Global X Cloud Computing ETF has a one year low of $15.28 and a one year high of $21.68. The company’s 50-day simple moving average is $18.78 and its 200-day simple moving average is $19.24.

About Global X Cloud Computing ETF

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.