Cambridge Investment Research Advisors Inc. Sells 19,730 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)

May 30, 2024

27 2 minutes read

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Cambridge Investment Research Advisors Inc. trimmed its holdings in Global X Cybersecurity ETF (NASDAQ:BUG – Free Report) by 9.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 193,653 shares of the company’s stock after selling 19,730 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.77% of Global X Cybersecurity ETF worth $5,676,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new stake in shares of Global X Cybersecurity ETF in the 4th quarter valued at $61,000. Simplex Trading LLC increased its position in Global X Cybersecurity ETF by 282.2% in the third quarter. Simplex Trading LLC now owns 2,928 shares of the company’s stock worth $71,000 after purchasing an additional 2,162 shares during the period. CWM LLC raised its holdings in Global X Cybersecurity ETF by 19.2% during the 4th quarter. CWM LLC now owns 2,486 shares of the company’s stock worth $73,000 after purchasing an additional 400 shares during the last quarter. Delta Financial Group Inc. acquired a new position in Global X Cybersecurity ETF during the 4th quarter valued at about $210,000. Finally, Claro Advisors LLC bought a new position in shares of Global X Cybersecurity ETF in the 4th quarter valued at about $220,000.

Global X Cybersecurity ETF Price Performance

Shares of NASDAQ:BUG opened at $28.75 on Thursday. The company has a 50 day moving average of $28.98 and a 200-day moving average of $29.07. Global X Cybersecurity ETF has a one year low of $22.50 and a one year high of $31.78. The stock has a market cap of $780.56 million, a price-to-earnings ratio of 29.10 and a beta of 0.86.

About Global X Cybersecurity ETF

(Free Report)

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.