Black Swift Group LLC Decreases Stake in Global X Cybersecurity ETF (NASDAQ:BUG)

Black Swift Group LLC lessened its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 16.4% during the 3rd quarter, Holdings Channel reports. The firm owned 35,177 shares of the company’s stock after selling 6,878 shares during the quarter. Black Swift Group LLC’s holdings in Global X Cybersecurity ETF were worth $1,089,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Granite Bay Wealth Management LLC purchased a new stake in shares of Global X Cybersecurity ETF during the second quarter worth about $410,690,000. Moss Adams Wealth Advisors LLC raised its holdings in Global X Cybersecurity ETF by 2.9% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 1,350,101 shares of the company’s stock valued at $41,786,000 after buying an additional 38,538 shares during the period. Zimmermann Investment Management & Planning LLC boosted its position in shares of Global X Cybersecurity ETF by 6.1% during the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 224,239 shares of the company’s stock worth $6,633,000 after purchasing an additional 12,940 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X Cybersecurity ETF by 25.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,799 shares of the company’s stock worth $6,220,000 after acquiring an additional 40,799 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Global X Cybersecurity ETF by 6.0% during the second quarter. Cetera Investment Advisers now owns 182,768 shares of the company’s stock worth $5,406,000 after purchasing an additional 10,291 shares in the last quarter.

Global X Cybersecurity ETF Stock Performance

Shares of NASDAQ:BUG traded down $0.36 during trading on Thursday, hitting $33.20. The company’s stock had a trading volume of 14,483 shares, compared to its average volume of 183,285. Global X Cybersecurity ETF has a fifty-two week low of $24.96 and a fifty-two week high of $34.16. The company has a market capitalization of $804.77 million, a PE ratio of 29.10 and a beta of 0.86. The business has a 50 day moving average price of $30.99 and a two-hundred day moving average price of $29.83.

Global X Cybersecurity ETF 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.