Wealth Enhancement Advisory Services LLC Invests $334,000 in Global X Cloud Computing ETF (NASDAQ:CLOU)

Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,940 shares of the company’s stock, valued at approximately $334,000. Wealth Enhancement Advisory Services LLC owned approximately 0.10% of Global X Cloud Computing ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CLOU. HighTower Advisors LLC boosted its stake in Global X Cloud Computing ETF by 13.5% during the 3rd quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock valued at $257,000 after purchasing an additional 1,496 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Global X Cloud Computing ETF during the second quarter valued at $410,000. CWM LLC boosted its position in shares of Global X Cloud Computing ETF by 8.0% during the third quarter. CWM LLC now owns 39,910 shares of the company’s stock valued at $820,000 after buying an additional 2,971 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in shares of Global X Cloud Computing ETF during the third quarter valued at $954,000. Finally, Cetera Investment Advisers increased its holdings in Global X Cloud Computing ETF by 8.1% in the 2nd quarter. Cetera Investment Advisers now owns 95,108 shares of the company’s stock worth $1,870,000 after buying an additional 7,129 shares in the last quarter.

Global X Cloud Computing ETF Stock Performance

Shares of NASDAQ:CLOU opened at $24.29 on Friday. The firm has a market cap of $353.91 million, a price-to-earnings ratio of 46.16 and a beta of 0.98. The business has a 50-day simple moving average of $24.32 and a two-hundred day simple moving average of $21.57. Global X Cloud Computing ETF has a fifty-two week low of $17.79 and a fifty-two week high of $25.93.

About Global X Cloud Computing ETF

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.