Commonwealth Equity Services LLC Has $570,000 Position in Global X Cloud Computing ETF (NASDAQ:CLOU)

Commonwealth Equity Services LLC lessened its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,794 shares of the company’s stock after selling 1,100 shares during the period. Commonwealth Equity Services LLC owned approximately 0.16% of Global X Cloud Computing ETF worth $570,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CLOU. Jane Street Group LLC boosted its holdings in shares of Global X Cloud Computing ETF by 262.1% in the 3rd quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock valued at $2,043,000 after purchasing an additional 71,953 shares in the last quarter. Independent Advisor Alliance bought a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $1,661,000. Raymond James Financial Inc. acquired a new stake in Global X Cloud Computing ETF in the fourth quarter valued at about $1,370,000. Mirae Asset Global Investments Co. Ltd. grew its position in Global X Cloud Computing ETF by 16.9% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,725 shares of the company’s stock valued at $5,548,000 after acquiring an additional 33,213 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Global X Cloud Computing ETF during the fourth quarter worth about $334,000.

Global X Cloud Computing ETF Trading Down 5.9 %

CLOU stock opened at $18.85 on Friday. The firm has a 50-day moving average price of $23.54 and a 200-day moving average price of $23.11. Global X Cloud Computing ETF has a 12 month low of $17.79 and a 12 month high of $26.39. The stock has a market capitalization of $276.53 million, a P/E ratio of 29.78 and a beta of 1.18.

Global X Cloud Computing ETF Profile

The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.