ERn Financial LLC Sells 22,841 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)

ERn Financial LLC lowered its holdings in Global X Cybersecurity ETF (NASDAQ:BUG) by 37.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,820 shares of the company’s stock after selling 22,841 shares during the quarter. ERn Financial LLC owned 0.16% of Global X Cybersecurity ETF worth $1,151,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jane Street Group LLC increased its stake in Global X Cybersecurity ETF by 737.9% in the second quarter. Jane Street Group LLC now owns 714,340 shares of the company’s stock valued at $17,859,000 after acquiring an additional 629,088 shares during the period. Bank of America Corp DE increased its stake in Global X Cybersecurity ETF by 13.8% in the fourth quarter. Bank of America Corp DE now owns 379,062 shares of the company’s stock valued at $7,866,000 after acquiring an additional 45,958 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Global X Cybersecurity ETF by 113.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock worth $7,664,000 after buying an additional 138,803 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Global X Cybersecurity ETF by 10.0% during the third quarter. Kestra Advisory Services LLC now owns 237,671 shares of the company’s stock worth $5,773,000 after buying an additional 21,655 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Global X Cybersecurity ETF by 5.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 213,383 shares of the company’s stock worth $5,183,000 after buying an additional 10,638 shares during the last quarter.

Global X Cybersecurity ETF Stock Performance

Global X Cybersecurity ETF stock traded up $0.18 during trading hours on Friday, hitting $29.75. 251,336 shares of the stock were exchanged, compared to its average volume of 242,573. The stock has a market capitalization of $747.92 million, a P/E ratio of 57.15 and a beta of 0.86. Global X Cybersecurity ETF has a 12 month low of $20.79 and a 12 month high of $31.78. The business’s 50-day moving average is $30.27 and its two-hundred day moving average is $27.57.

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.