Covestor Ltd Reduces Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Covestor Ltd trimmed its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 27.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,534 shares of the company’s stock after selling 570 shares during the period. Covestor Ltd’s holdings in Global X Cybersecurity ETF were worth $47,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in BUG. PVG Asset Management Corp purchased a new stake in Global X Cybersecurity ETF during the second quarter worth approximately $329,000. Granite Bay Wealth Management LLC purchased a new stake in shares of Global X Cybersecurity ETF during the 2nd quarter worth approximately $8,858,000. International Assets Investment Management LLC acquired a new position in shares of Global X Cybersecurity ETF in the 2nd quarter valued at $66,000. Greystone Financial Group LLC grew its position in shares of Global X Cybersecurity ETF by 3.8% in the 2nd quarter. Greystone Financial Group LLC now owns 11,430 shares of the company’s stock valued at $338,000 after buying an additional 420 shares during the last quarter. Finally, Eagle Strategies LLC acquired a new stake in Global X Cybersecurity ETF during the 2nd quarter worth $600,000.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG opened at $33.16 on Friday. The company has a fifty day moving average of $30.99 and a two-hundred day moving average of $29.83. Global X Cybersecurity ETF has a 1 year low of $24.96 and a 1 year high of $34.16. The company has a market capitalization of $803.80 million, a PE ratio of 29.10 and a beta of 0.86.

About Global X Cybersecurity ETF

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.