Oppenheimer & Co. Inc. Purchases 39,307 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Oppenheimer & Co. Inc. raised its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 41.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,065 shares of the company’s stock after purchasing an additional 39,307 shares during the period. Oppenheimer & Co. Inc. owned about 0.58% of Global X Cloud Computing ETF worth $2,916,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CLOU. CVA Family Office LLC purchased a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $146,000. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Global X Cloud Computing ETF by 538.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 312,509 shares of the company’s stock worth $7,081,000 after purchasing an additional 263,555 shares during the last quarter. Insight Advisors LLC PA lifted its stake in shares of Global X Cloud Computing ETF by 14.4% during the 4th quarter. Insight Advisors LLC PA now owns 68,018 shares of the company’s stock worth $1,541,000 after purchasing an additional 8,581 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $1,670,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Cloud Computing ETF by 4.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 379,197 shares of the company’s stock worth $8,593,000 after purchasing an additional 17,316 shares during the last quarter.

Global X Cloud Computing ETF Stock Up 1.3 %

Shares of NASDAQ CLOU traded up $0.26 during mid-day trading on Friday, reaching $19.98. 157,533 shares of the company were exchanged, compared to its average volume of 270,224. The firm has a 50-day moving average of $19.73 and a 200 day moving average of $21.07. Global X Cloud Computing ETF has a 1 year low of $17.26 and a 1 year high of $23.67. The stock has a market cap of $413.99 million, a price-to-earnings ratio of 46.16 and a beta of 0.98.

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.