Global X Cybersecurity ETF (NASDAQ:BUG) Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC lowered its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 13.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,022 shares of the company’s stock after selling 6,452 shares during the quarter. NewEdge Wealth LLC owned about 0.17% of Global X Cybersecurity ETF worth $1,232,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Jane Street Group LLC grew its holdings in shares of Global X Cybersecurity ETF by 737.9% during the 2nd quarter. Jane Street Group LLC now owns 714,340 shares of the company’s stock worth $17,859,000 after purchasing an additional 629,088 shares during the period. Bank of America Corp DE grew its holdings in shares of Global X Cybersecurity ETF by 157.2% during the 1st quarter. Bank of America Corp DE now owns 276,610 shares of the company’s stock worth $8,691,000 after purchasing an additional 169,051 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X Cybersecurity ETF by 91.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,636 shares of the company’s stock worth $9,750,000 after purchasing an additional 159,210 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Global X Cybersecurity ETF by 113.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock worth $7,664,000 after acquiring an additional 138,803 shares during the period. Finally, Mariner LLC purchased a new position in Global X Cybersecurity ETF in the 4th quarter worth approximately $2,604,000.

Global X Cybersecurity ETF Stock Down 3.0 %

NASDAQ BUG opened at $27.77 on Tuesday. The stock has a market cap of $725.35 million, a PE ratio of 57.15 and a beta of 0.86. Global X Cybersecurity ETF has a fifty-two week low of $20.79 and a fifty-two week high of $31.78. The business has a 50 day moving average price of $30.02 and a two-hundred day moving average price of $28.00.

Global X Cybersecurity ETF Profile

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.