Global X Cybersecurity ETF (NASDAQ:BUG) Position Reduced by TAP Consulting LLC

TAP Consulting LLC lessened its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 5.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,990 shares of the company’s stock after selling 2,943 shares during the quarter. TAP Consulting LLC owned approximately 0.19% of Global X Cybersecurity ETF worth $1,407,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Phoenix Wealth Advisors increased its holdings in shares of Global X Cybersecurity ETF by 6.3% in the 4th quarter. Phoenix Wealth Advisors now owns 19,266 shares of the company’s stock valued at $550,000 after purchasing an additional 1,142 shares during the period. Claro Advisors LLC acquired a new stake in shares of Global X Cybersecurity ETF during the 4th quarter valued at $220,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Global X Cybersecurity ETF by 113.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock valued at $7,664,000 after acquiring an additional 138,803 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Global X Cybersecurity ETF by 10.7% in the third quarter. HighTower Advisors LLC now owns 73,641 shares of the company’s stock worth $1,787,000 after acquiring an additional 7,141 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Global X Cybersecurity ETF by 8.7% during the fourth quarter. Raymond James & Associates now owns 123,020 shares of the company’s stock worth $3,606,000 after acquiring an additional 9,800 shares in the last quarter.

Global X Cybersecurity ETF Trading Down 1.4 %

NASDAQ BUG traded down $0.39 on Thursday, reaching $28.28. The stock had a trading volume of 119,263 shares, compared to its average volume of 237,379. Global X Cybersecurity ETF has a 1 year low of $20.79 and a 1 year high of $31.78. The business has a 50 day moving average price of $29.52 and a 200 day moving average price of $28.16. The company has a market capitalization of $738.67 million, a price-to-earnings ratio of 29.18 and a beta of 0.86.

Global X Cybersecurity ETF Company 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.