Global X Cybersecurity ETF (NASDAQ:BUG) Sees Strong Trading Volume – What’s Next?

Shares of Global X Cybersecurity ETF (NASDAQ:BUG) saw an uptick in trading volume on Monday . Approximately 126,860 shares traded hands during trading, a decline of 31% from the previous session’s volume of 182,567 shares.The stock last traded at $31.99 and had previously closed at $32.84.

Global X Cybersecurity ETF Stock Up 1.0 %

The company has a market capitalization of $819.04 million, a PE ratio of 31.16 and a beta of 0.86. The stock’s fifty day moving average price is $34.11 and its two-hundred day moving average price is $32.85.

Institutional Investors Weigh In On Global X Cybersecurity ETF

Large investors have recently made changes to their positions in the business. FMR LLC raised its holdings in shares of Global X Cybersecurity ETF by 213.1% during the third quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after acquiring an additional 831 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in Global X Cybersecurity ETF during the 4th quarter valued at $203,000. Independent Advisor Alliance bought a new position in Global X Cybersecurity ETF in the 4th quarter worth $585,000. Sanctuary Advisors LLC bought a new position in Global X Cybersecurity ETF in the 4th quarter worth $252,000. Finally, Bleakley Financial Group LLC purchased a new stake in Global X Cybersecurity ETF in the fourth quarter worth about $239,000.

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.