Global X Cybersecurity ETF (NASDAQ:BUG) Shares Sold by Raymond James & Associates

Raymond James & Associates lowered its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 8.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 129,692 shares of the company’s stock after selling 11,938 shares during the period. Raymond James & Associates owned 0.53% of Global X Cybersecurity ETF worth $4,014,000 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 BUG. Moss Adams Wealth Advisors LLC raised its position in Global X Cybersecurity ETF by 2.9% in the third quarter. Moss Adams Wealth Advisors LLC now owns 1,350,101 shares of the company’s stock valued at $41,786,000 after purchasing an additional 38,538 shares during the period. Claro Advisors LLC raised its position in Global X Cybersecurity ETF by 30.4% in the third quarter. Claro Advisors LLC now owns 9,631 shares of the company’s stock valued at $298,000 after purchasing an additional 2,248 shares during the period. ERn Financial LLC raised its position in Global X Cybersecurity ETF by 1.8% in the third quarter. ERn Financial LLC now owns 37,931 shares of the company’s stock valued at $1,174,000 after purchasing an additional 660 shares during the period. Pinnacle Wealth Management Group Inc. raised its position in Global X Cybersecurity ETF by 3.3% in the third quarter. Pinnacle Wealth Management Group Inc. now owns 80,243 shares of the company’s stock valued at $2,484,000 after purchasing an additional 2,531 shares during the period. Finally, WealthBridge Investment Counsel Inc. raised its position in Global X Cybersecurity ETF by 0.5% in the third quarter. WealthBridge Investment Counsel Inc. now owns 96,400 shares of the company’s stock valued at $2,984,000 after purchasing an additional 500 shares during the period.

Global X Cybersecurity ETF Stock Up 0.1 %

NASDAQ:BUG opened at $30.51 on Friday. The company has a market capitalization of $739.56 million, a P/E ratio of 29.10 and a beta of 0.86. Global X Cybersecurity ETF has a 52 week low of $23.08 and a 52 week high of $32.65. The stock’s fifty day moving average is $30.71 and its two-hundred day moving average is $29.58.

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.