Sierra Ocean LLC Buys Shares of 3,830 Global X Cloud Computing ETF (NASDAQ:CLOU)

Sierra Ocean LLC acquired a new position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,830 shares of the company’s stock, valued at approximately $92,000.

Other large investors have also recently bought and sold shares of the company. James J. Burns & Company LLC acquired a new position in shares of Global X Cloud Computing ETF during the 4th quarter worth approximately $222,000. HighTower Advisors LLC increased its holdings in Global X Cloud Computing ETF by 13.5% during the third quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock worth $257,000 after buying an additional 1,496 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Global X Cloud Computing ETF during the fourth quarter worth $334,000. Jane Street Group LLC lifted its stake in Global X Cloud Computing ETF by 262.1% in the third quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock valued at $2,043,000 after acquiring an additional 71,953 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X Cloud Computing ETF by 61.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 196,512 shares of the company’s stock valued at $4,050,000 after acquiring an additional 74,631 shares during the period.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU stock opened at $25.72 on Monday. Global X Cloud Computing ETF has a 52-week low of $17.79 and a 52-week high of $26.39. The stock has a market cap of $374.74 million, a price-to-earnings ratio of 46.16 and a beta of 0.98. The firm’s 50-day moving average is $24.88 and its 200-day moving average is $22.39.

Global X Cloud Computing ETF Company 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.