Global X Cybersecurity ETF (NASDAQ:BUG) Stock Position Decreased by ERn Financial LLC

ERn Financial LLC lowered its holdings in Global X Cybersecurity ETF (NASDAQ:BUG) by 3.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,363 shares of the company’s stock after selling 1,457 shares during the period. ERn Financial LLC owned about 0.14% of Global X Cybersecurity ETF worth $1,112,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BUG. CWM LLC lifted its position in Global X Cybersecurity ETF by 19.2% in the 4th quarter. CWM LLC now owns 2,486 shares of the company’s stock valued at $73,000 after purchasing an additional 400 shares during the last quarter. Pinnacle Wealth Management Group Inc. grew its holdings in Global X Cybersecurity ETF by 0.8% in the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 68,812 shares of the company’s stock worth $2,017,000 after buying an additional 518 shares in the last quarter. NCM Capital Management LLC increased its position in Global X Cybersecurity ETF by 2.9% in the 3rd quarter. NCM Capital Management LLC now owns 21,958 shares of the company’s stock valued at $533,000 after acquiring an additional 625 shares during the period. L.M. Kohn & Company raised its stake in Global X Cybersecurity ETF by 8.9% during the 4th quarter. L.M. Kohn & Company now owns 11,338 shares of the company’s stock valued at $332,000 after acquiring an additional 926 shares in the last quarter. Finally, WealthBridge Investment Counsel Inc. boosted its position in Global X Cybersecurity ETF by 1.0% during the 4th quarter. WealthBridge Investment Counsel Inc. now owns 96,300 shares of the company’s stock worth $2,823,000 after acquiring an additional 1,000 shares during the period.

Global X Cybersecurity ETF Price Performance

Shares of BUG traded up $1.10 during trading hours on Thursday, reaching $29.31. 234,656 shares of the company’s stock traded hands, compared to its average volume of 208,270. The firm has a market capitalization of $795.77 million, a price-to-earnings ratio of 29.10 and a beta of 0.86. The business’s fifty day simple moving average is $28.57 and its two-hundred day simple moving average is $29.32. Global X Cybersecurity ETF has a twelve month low of $22.50 and a twelve month high of $31.78.

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.